Answer:
If I were to guess it would be D sorry if its wrong
Answer:
D
is ticketed for careless driving
Explanation:
FINRA Rule 4530 says one can report
each member of the firm promptly to FINRA, within 30 calendar days,
Full time employees are allowed a vacation they earned at the rate of one day per month at anytime, with a request submitted at least three business days minimum before the vacation period. failure to submit within the this time frame might cause denial of the vacation.
Answer:
debit to Sales allowance of $50
Explanation:
When some defect in a product is revealed or notified by the buyer, the seller usually grants the customer an allowance which is termed as sales allowance.
It is usually allowed when the customer agrees to keep the product instead of returning the defective product which would constitute sales returns.
Following journal entry is recorded for recording sales allowance
Sales Allowance A/C Dr. $ 50
To Accounts Receivable $50
(Being allowance for defects recorded)
Sales allowance is deducted from gross sales before the customer makes payment.
Answer:
1. $13,500
2. $13,500
3. $336,500
Explanation:
1. Bad debt expense:
= Sales × Percent of sales uncollectible
= $900,000 × 1.5%
= $13,500
Therefore, the bad debt expense for the year 2019 is $13,500.
2. Allowance for Doubtful accounts = $13,500
3. For the end of 2019, what is the company's net realizable value:
= Accounts receivable - Allowance for Doubtful accounts
= $350,000 - $13,500
= $336,500
