100 POINTS! AND BRAINLIEST$$$... JUST FILL OUT THIS CHART FOR ACCOUNTING 1.

The Allowance for Bad Debts account had a balance of $8,500 at the beginning of the year and $7,200 at the end of the year. Duri

aliya0001 [1]

Answer:

The total amount of past-due accounts receivable that were written off as uncollectible during the year were: $17,300

Explanation:

The amount of past-due accounts receivable that were written off as uncollectible during the year are calculated by following formula:

Past-due accounts receivable that were written off as uncollectible = The Allowance for Bad Debts account had a balance at the beginning of the year + Bad debts expense was recognized - The Allowance for Bad Debts account had a balance at the end of the year = $8,500 + $16,000 - $7,200 = $17,300

3 0

3 years ago

hyundai positions itself as an affordable option in the automobile market by offering lower-cost, high quality automobiles with

Lunna [17]

By offering affordable yet high quality cars to its customers, Hyundai is engaging in the positioning approach of a. positioning based on value.

When a company uses the value positioning approach, they:

Offer high quality products and services
Try to capture the loyalty of their customers by offering a better product than others

Hyundai is offering cars that are of a high quality with extended warranties and on top of that, offer impeccable service as well. They are therefore offering their clients, high quality products and services.

We can therefore conclude that Hyundai is using the value based positioning approach.

Find out more at brainly.com/question/14630427.

Options for this question include:

a. positioning based on value

b. positioning based on symbolism

c. positioning against a specific competitor

d. positioning using perceptual mapping

6 0

2 years ago

Mary signed up and paid $1,260 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s acco

Karo-lina-s [1.5K]

Answer:

$420 of revenue, $840 of deferred revenue

Explanation:

Data provided in the question

Paid amount = $1,260

Given months = 6 months

Number of months = 2 months

For two months, the revenue is

= Paid amount × number of months ÷ given months

= $1,260 × 2 months ÷ 6 months

= $420

Now the deferred revenue is

= Paid amount - revenue

= $1,260 - $420

= $840

Hence, the revenue is $420 and the deferred revenue is $840

6 0

3 years ago

Sigma corporation applies overhead cost to jobs on the basis of direct labor cost. job v, which was started and completed during

motikmotik

Job V had $8,000 of direct labor, and $6,000 of overhead was applied to the job. $6,000 divided by $8,000 = .75 overhead rate. In other words, the application was based on taking $8,000 of DL x .75 rate = $6,000 overhead.

For Job W, take $4,000 DL x same .75 rate = $3,000

The OH cost to be applied to W at year-end is $3,000.

8 0

3 years ago

You obtain a 20 year mortgage for $150,000 with a 6% interest rate. Your yearly mortgage payment is $13,078. When the first loan

MA_775_DIABLO [31]

Answer:

The amount that is applied to the Principal is $4,078, while the new loan balance is 145,922.

Explanation:

First loan payment = $13,078

First interest payment = $150,000 × 6% = $9,000

First principal payment = First loan payment - First interest payment = $13,078 - $9,000 = $4,078

New loan balance = Total loan amount - First principal payment = $150,000 - $4,078 = 145,922

Therefore, the amount that is applied to the Principal is $4,078, while the new loan balance is 145,922.

7 0

3 years ago