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Answer:
3
Step-by-step explanation:
Answer:
Correct.
Step-by-step explanation:
Answer:
I would have 360000.
Step-by-step explanation:
250 (the amount of money I earned) x 60(as in 60 mins in a hour) and 24(as in 24 hours a day) equals 360000 total.
Answer:
$378,000
Step-by-step explanation:
The computation of the bad debt expense for the year is shown below:
Bad debt expense = Outstanding account receivable × estimated percentage given - credit balance of allowance for doubtful account
= $6,500,000 × 0.06 - $12,000
= $390,000 - $12,000
= $378,000
We simply deduct the credit balance from the estimated balance so that the correct amount could arrive