Rytronics uses the percentage of receivables method for estimating bad debts expense. the accounts receivable balance is $100,000 at year-end and the total credit sales were $800,000. management estimates that 4% of receivables will be uncollectible. what adjusting entry will be recorded if the allowance for doubtful accounts has a credit balance of $800 before adjustment?
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Business, 21.06.2019 23:30
Which term refers to the cost that motivates an economic decision
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Business, 22.06.2019 07:30
What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.
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Business, 22.06.2019 09:50
Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing
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Business, 22.06.2019 10:20
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
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Rytronics uses the percentage of receivables method for estimating bad debts expense. the accounts r...
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