subject
Business, 16.12.2019 23:31 hootie31

Journalize the following adjustments. (credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. record journal entries in the order presented in the problem. round answers to 0 decimal places, e. g. 1,527.)1. services performed for customers through february 27, 2022, but unbilled and uncollected were $3,500.2. received notice that a customer who was billed $180 for services performed february 10 has filedfor bankruptcy. teal mountain cleaning services does not expect to collect any portion of this outstanding receivable.3. teal mountain cleaning services uses the allowance method to estimate bad debts. teal mountain cleaning services estimates that 3%of its month-end receivables will not be collected.4. record 1 month of depreciation for the floor equipment. use the straight-line method, anestimated life of 4 years, and $460 salvage value.5. record 1 month of insurance expense.6. an inventory count shows $370 of supplies on hand at february 28.7. one week of services were performed for the customer who paid in advance on february 17.8. accrue for wages owed through february 28, 2022.9. accrue for interest expense for 1 month.10. karen estimates a 20% income tax rate. (hint: prepare an income statement up to "income beforetaxes" to with the income tax calculation.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what?
Answers: 2
question
Business, 22.06.2019 01:30
The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services
Answers: 1
question
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
question
Business, 22.06.2019 12:50
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
Answers: 2
You know the right answer?
Journalize the following adjustments. (credit account titles are automatically indented when amount...
Questions
question
Mathematics, 06.12.2020 19:00
question
Mathematics, 06.12.2020 19:00
question
Computers and Technology, 06.12.2020 19:00
question
English, 06.12.2020 19:00
question
English, 06.12.2020 19:00
question
Health, 06.12.2020 19:00
Questions on the website: 13722362