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makvit [3.9K]
3 years ago
10

Natalia worked in an automobile plant. she lost her job when the plant relocated to another state.

Business
1 answer:
Agata [3.3K]3 years ago
6 0

Answer:

$400.65

Explanation:

Natalia's last 26 weekly salaries:

Week Salary

1 715

2 700

3 730

4 730

5 730

6 720

7 700

8 720

9 720

10 720

11 725

12 720

13 725

14 730

15 730

16 735

17 735

18 735

19 740

20 740

21 740

22 740

23 740

24 740

25 740

26 740

The total compensation for the last 26 weeks = $18,940

her average weekly salary = $18,940 / 26 = $728.46

her unemployment compensation = average weekly salary x 55% = $728.46 x 55% = $400.65

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Slotnick Chemical received $280,000 from customers as deposits on returnable containers during 2021. Fifteen percent of the cont
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$7,000

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The computation of the profit that should realize on the forfeited deposits is given below:

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During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash
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1. December 31, 2021

Dr Uncollectible amounts $12,500

Cr Allowance uncollectible amounts $12,500

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Cr Accoutns receivables $10,000

2b $2,500

Explanation:

1. Preparation to Record the adjusting entry for uncollectible accounts on December 31, 2021.

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Dr Uncollectible amounts $12,500

Cr Allowance uncollectible amounts $12,500

[($60,000-$110,000)*25%]

(To record allowance)

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Dr Allowance uncollectible amounts $10,000

Cr Accoutns receivables $10,000

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