Answer:
$226,300
Step-by-step explanation:
Given Allowance for Doubtful Accounts is estimated as $205,000 and Allowance for Doubtful Accounts has a debit balance of $21,300
#The amount of the adjusting entry for uncollectible accounts is calculated as below:

Hence, the amount of the adjusting entry for uncollectible accounts is $226,300
Answer:
a) The present value is 688.64 $
b) The accumulated amount is 1532.60 $
Step-by-step explanation:
<u>a)</u><u> The preset value equation is given by this formula:</u>

where:
- T is the period in years (T = 10 years)
- r is the annual interest rate (r=0.08)
So we have:
Now we just need to solve this integral.

The present value is 688.64 $
<u>b)</u><u> The accumulated amount of money flow formula is:</u>

We have the same equation but whit a term that depends of τ, in our case it is 10.
So we have:
The accumulated amount is 1532.60 $
Have a nice day!
Answer:
60%
Step-by-step explanation:
5+3+12=20
20 = 1/5 of 100
12 x 5 = 60
Answer:
C) 1/5
Step-by-step explanation: