Answer:
well if its 2*5 then its 10 because you have to count by 5's two times and you'll get 10. I hope this helps. :3
Answer:299.94
Step-by-step explanation:youre welcome
A=P(1+r)^t
r=rate in decimal
A=future amount
P=present amount
t=time in years
A=850(1+0.08)^5
A=850(1.08)^5
A=1573.29
Answer:
Bad debt expense Dr ($140,000 × 1%) $1,400
To Allowance for doubtful debts $1,400
(Being the bad debt expense is recorded)
Step-by-step explanation:
The adjusting entry is shown below:
Bad debt expense Dr ($140,000 × 1%) $1,400
To Allowance for doubtful debts $1,400
(Being the bad debt expense is recorded)
Here the bad debt expense is debited as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets
