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
rodikova [14]
2 years ago
9

Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age

d categories of accounts. The Beautiful Lawns Company computes a total of $3,600 in estimated doubtful accounts as of December 31, 2016. Its Accounts Receivable account has a balance of $112,800 and its Allowance for Doubtful Accounts has a credit balance of $600 before adjustment at December 31, 2016. How much bad debts expense will Beautiful Lawns report in 2016
Business
1 answer:
mr_godi [17]2 years ago
8 0

Answer:

$3,000

Explanation:

Calculation to determine How much bad debts expense will Beautiful Lawns report in 2016

Using this formula

Bad debts expense=Estimated doubtful accounts -Allowance for Doubtful Accounts credit balance

Let plug in the formula

Bad debts expense=$3,600-$600

Bad debts expense=$3,000

Therefore The amount of bad debts expense that Beautiful Lawns will report in 2016 is $3,000

You might be interested in
Kate plans to start a winter garment store. The market conditions suggest that the best time to start a winter garment store is
Aleks04 [339]
December because it's between the months of October and February
8 0
2 years ago
What is effective demand?
Ahat [919]
The level of demand that represents a real intention to purchase by people with the means to pay
5 0
2 years ago
If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, and the expected return on dollar depreciation a
lawyer [7]
A. an investor should invest only in dollars.
7 0
3 years ago
Read 2 more answers
If Sasha works for 6 hours she can rent
zloy xaker [14]

Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is<u> 3 apartments. </u>

<h3>What is Sasha's marginal benefit?</h3>

This refers to the additional number of benefits that Sasha gets when she works an extra hour.

As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:

= 12 - 9

= 3 apartments.

Find out more on marginal benefits at brainly.com/question/11937697.

5 0
2 years ago
Amazon Corporation has preferred stock outstanding that pays a $12.80 annual dividend. It price is $158. What is the required ra
nordsb [41]

Answer:

8.10%

Explanation:

The required rate of return (yield) on the preferred stock = Dividend / Price

= $12.80 / $158  = 0.0810126582278481 = 8.10%

5 0
2 years ago
Other questions:
  • Is it preferable for central banks to primarily target inflation or unemployment? Why?
    15·1 answer
  • You transferred $6,456 from your checking account to your savings account. The balance in savings was $7,870 before the transfer
    13·2 answers
  • Asking "Who would buy my product?" in a survey is an example of what?
    15·2 answers
  • Accounts Payable
    10·1 answer
  • A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.
    10·1 answer
  • Is the standard deviation of the sample a good estimate of the variation of salaries of TV personalities in​ general? A. ​No, be
    11·1 answer
  • How does the format of a memo differ from that of an e-mail? please answer asap
    13·1 answer
  • List three (3) Safety measures the cashier must take into consideration when doing/making a lodgment at any Financial Institutio
    8·1 answer
  • What are the effects on the accounting equation when dividends are declared and paid?
    13·1 answer
  • Nation Beta employing all its available resources nation alpha can produce either 800 units of chemicals or 1,600 units of cloth
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!