The answer to your question is a non-sufficient funds check.
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Answer:
1. Drawings A/c. dr. 15,000
To Cash A/c. 15,000
2. Cash A/c. Dr. 63,000
To Sales A/c. 63,000
3. Drawings A/c. Dr. 12,000
To Cash A/c. 12,000
4. Purchases A/c. Dr. 31,000
To Creditors A/c. 31,000
5. Drawings A/c. Dr. 16,000
To Purchases A/c. 16,000
6. Dalip Singh A/c. Dr.35,000
To Sales A/c. 35,000
7. Rent A/c. Dr. 22,000
To Bank A/c. 22,000
8. Purchases A/c. Dr. 19,000
To Cash A/c. 19,000
Answer:
The amount Swifty debited to the appropriate account in 2017 to write off actual bad debts: $25,800
Explanation:
Allowance for uncollectible accounts at the end of 2017 = Allowance for uncollectible accounts at the end of 2016 + Bad debt expense of 2017 - The amount of write off actual bad debts.
The amount of write off actual bad debts = Allowance for uncollectible accounts at the end of 2016 + Bad debt expense of 2017 - Allowance for uncollectible accounts at the end of 2017 = $180,500 + $32,800 - $187,500 = $25,800
Inventory depreciation due to theft, damage or obsolescence discovered during the physical count of inventory at the end of the accounting period is recorded with a decrease in inventory only in the perpetual system.
Depreciation Inventory is defined as the difference between the amount of inventory listed on the books and the actual inventory that is physically present; Such depreciation usually occurs due to theft, damage, or miscalculation.
If you own your own retail business, you may face theft, shoplifting, or other forms of fraud, leading to unexpected inventory losses. Loss of inventory is a huge problem for any business that carries physical goods. Without control and monitoring, there is no way to track down the root cause of inventory shrinkage in your business.
You can learn more about Depreciation Inventory here brainly.com/question/28205327
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Answer:
Roberto Pesi Restaurants inc. mission is to offer delicious Italian and fast food in Toronto that will create a unique experience to each customer making them wanting to comeback. for this we have three restaurants that will satisfy the nutritional need of every single customer.
Explanation:
The mission of an enterprise must describe the desire goal of an enterprise its values and what kind of product or service it provides and in which area is situated its operation.
