The balance sheet of Ayayai Company at December 31, 2019, includes the following. Notes receivable $45,600 Accounts receivable 183,100 Less: Allowance for doubtful accounts 21,200 $207,500 Transactions in 2020 include the following. 1. Accounts receivable of $142,400 were collected including accounts of $66,000 on which 3% sales discounts were allowed. 2. $6,210 was received in payment of an account which was written off the books as worthless in 2019. 3. Customer accounts of $21,400 were written off during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $22,900. This estimate is based on an analysis of aged accounts receivable.
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Business, 22.06.2019 17:30
Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?
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Business, 22.06.2019 19:20
Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm
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Business, 22.06.2019 23:30
Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
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The balance sheet of Ayayai Company at December 31, 2019, includes the following. Notes receivable $...
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