1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brums [2.3K]
2 years ago
15

At the end of the current year (before adjusting entries), Autumn Corporation had a balance of $76,000 in Accounts Receivable an

d a credit balance of $11,000 in Allowance for Uncollectible Accounts. Service revenue (all on credit) for the year totaled $490,000.
Requirement 1:
Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Vacay Corporation estimates its uncollectible-account expense using a rate of 5% of credit sales.
What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?
Requirement 2:
Now assume that Vacay Corporation uses the aging-of-receivables method. Vacay Corporation estimates that its Allowance for Uncollectible Accounts should have a credit balance of $27,000.
Calculate the amount of its Uncollectible-Account Expense.
What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?
Business
1 answer:
astra-53 [7]2 years ago
6 0

Answer:

?????????

Explanation:

You might be interested in
Assuming no change in the nominal wage and a significant increase in human capital, the output per worker will
Veseljchak [2.6K]

Answer:

B. Increase and the real wage will increase.

Explanation:

In the case when there is a rise in population so the labor supply also rises and the equilibrium labor quantity would also rise

So it would result in rise in capital market due to which the labor would become more productive and there is a rise in the labor demand

This leads to greater real wages rate and rise in full labor quantity employment

Hence, the option b is correct

4 0
3 years ago
Which type of flash memory card is currently the smallest type of card?
FinnZ [79.3K]
Micro SD (scan disk) takes up the least amount of space, physically, while still supplying the highest amount of memory.
5 0
3 years ago
Llona invested $100,000 in an 18-month certificate of deposit. She needed to cash in the CD to meet some unexpected expenses. Ll
dusya [7]

Answer:

1/2  IS ZERO

Explanation:

JUST LITEN HAVE TROUBLE YEXT ME

4 0
3 years ago
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that
kumpel [21]

Answer:

interest must be paid on a periodic basis regardless of earnings

Explanation:

Businesses need funds to operate and they sometimes issue bonds to get the needed bonds.

Bonds are debt instruments that are sold to investors to get funds. Interest is also paid to the bond buyer for the tenure of the bond.

The major disadvantage of using bonds as a source of bonds from the standpoint of the issuer is that interest must be paid on a periodic basis regardless of earnings.

6 0
3 years ago
Jami is managing an extended advertising campaign for a local convenience store chain. The campaign includes a series of televis
alexandr1967 [171]

Answer: (C) The daily and weekly sales volume

Explanation:

  According to the given question, the daily and weekly sales volume is one of the best indicator for checking the effectiveness of the advertising in an organization as it helps in measuring the various types of sales statistics on the basis of weekly or daily target.  

 By using the following ways we can monitoring the sales volume either daily or weekly basis are as follows:

  • By carefully monitoring the share
  • Analyzing the sales's result
  • Feedback from the customers
  • Place the data in graph format

    Jami is basically managing the advertisement campaign and  for the purpose of monitor this advertising campaign we basically analyzing the sales volume such as the product line,  sales region and also the product level.    

  Therefore, Option (C) is correct answer.

6 0
3 years ago
Other questions:
  • Ashley wants to increase the profits of her e-business. what two ways can be used to accomplish her goal of increasing profits?
    10·1 answer
  • In the expression of formulas, the products are obtained from the __________;and essence "change partners" – that is plus to ___
    6·1 answer
  • Should the retail price of a proposed garment be one of the factors considered by the npd committee at the screening stage?
    6·1 answer
  • Problem 11-1 Jain Mart is to depreciate an asset bought for $500,000 using the SOYD method over a life of 8 years. If the deprec
    14·1 answer
  • ​suppose you are enjoying a conversation with a friend in your car, when a vehicle pulls up next to you with the audio system tu
    10·1 answer
  • The yield to maturity on a coupon bond is _____.(A) always greater than the coupon rate.(B) the rate an investor earns if she ho
    5·1 answer
  • The Crane Company issued $250,000 of 10% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each
    8·1 answer
  • Barsuk Company began the year with stockholders' equity of $108,000. During the year, Barsuk issued stock for $147,000, recorded
    7·1 answer
  • GDP is not a perfect measure of well-being; for example, a. GDP incorporates a large number of non-market goods and services tha
    5·1 answer
  • Which of the following is a true statement?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!