subject
Business, 15.11.2019 05:31 meaddestinee

Lina co. uses the allowance method to account for bad debts. on january 28, lina determines that a $200 balance from zrt, inc. is uncollectible and writes the balance off. the journal entry to write this balance off will include a: (check all that apply.)
a) debit to bad debts expense.
b) credit to allowance for doubtful accounts.
c) credit to accounts receivable - zrt.
d) debit to accounts receivable - zrt.
e) credit to bad debts expense.
f) debit to allowance for doubtful accounts.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
In order to gauge public opinion about how to handle iran's growing nuclear program, a research group surveyed 1010 americans by telephone and asked them to rate the threat iran's nuclear program poses to the world on a scale of 1 to 10. describe the population, sample, population parameters, and sample statistics. identify the population in the given problem. choose the correct answer below.
Answers: 2
question
Business, 22.06.2019 06:30
Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances
Answers: 1
question
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
question
Business, 22.06.2019 18:50
Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?
Answers: 2
You know the right answer?
Lina co. uses the allowance method to account for bad debts. on january 28, lina determines that a $...
Questions
question
Mathematics, 04.06.2020 13:11
question
English, 04.06.2020 13:11
question
Physics, 04.06.2020 13:11
question
Mathematics, 04.06.2020 13:11
Questions on the website: 13722363