Answer:
1. Allowance for uncollectible accounts A/c Dr $15,000
To Account receivable A/c $15,000
(Being write off amount is recorded)
2. $1,000 debit
Explanation:
1. The journal entry is shown below:
Allowance for uncollectible accounts A/c Dr $15,000
To Account receivable A/c $15,000
(Being write off amount is recorded)
2. And, the balance of Allowance for Uncollectible Accounts would be
= Beginning balance of estimated uncollectible accounts - written off balance
= $14,000 - $15,000
= $1,000 debit
Answer:
"Classes may be very large, which can make it difficult to interact with faculty."
Explanation:
This question really depends on the school itself and the students, but from a business point of view, the fact that your teachers and administration are very hard to reach makes it so you have to fend for yourself in most cases, and in other cases, students are basically free from any punishment or work because of overcrowding.
Answer: (a) -12y (b) -3x^2-x+28
Explanation: Sorry I need to go so I can't finish the explanation, hope this helps!!!
Answer: $188000
Explanation:
Based on the information given in the question, the total cost to be accounted for under the weighted-average method would be calculated thus:
Cost of ending work in process inventory = $29,000
Add: Cost of units transferred out = $159,000
Therefore, the total cost to be accounted for will be;
= $29000 + $159000
= $188000