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mamaluj [8]
3 years ago
10

On February 1, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for Oakley Co. and

$5,900 for Brookes Co. Prepare the journal entry to write off those two accounts.
Business
1 answer:
enot [183]3 years ago
4 0

Answer:

Feb 01

Allowance for doubtful accounts 6,800

Accounts receivable—Oakley Co. 900

Accounts receivable—Brookes Co. 5,900

Jun 05 Accounts receivable—Oakley Co. 900

Allowance for doubtful accounts 900

Jun 05 Cash 900

Accounts receivable—Oakley Co. 90

Explanation:

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gavmur [86]

Answer:

The right approach will be "$ 1123.2".

Explanation:

The number of miles to be used will be:

= 40 \ miles \ round \ trip\times  3 \ trips \ per \ week\times 52 weeks

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= Number \ of \ used \ miles\times 18 \ cents \ per \ mile

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3 years ago
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Joint ventures: a. are an alternative to new ventures. b. are attractive when entry barriers are high. c. are attractive when sp
Dafna11 [192]

Answer:

Are an alternative to new ventures.

Explanation:

Joint ventures is a business arrangement between two of more organisations to form a partnership. The oganisations involved share ownership, profits, investments.

A joint venture provides access to a large number of resources and it also provides the opportunity to gain new insight and expertise.

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Match each type of market with the items bought and sold there
wolverine [178]

Answer

A. Currency exchange-Foreign money

B.Commodity Market-Raw, unprocessed goods

C.Stock Market -Shares in corporations

Explanation

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Commodity Market- This is a type of market where unprocessed materials are sold. Many producers buy the raw materials from these market for further processing.

Stock market- This is the market that deals with trading of shares. Sellers and buyers of stocks which is also called shares gather here. This normally happens that a certain company needs to raise a certain amount of money so the stock buyer will have bought a piece of that company.

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