subject
Business, 29.03.2021 18:00 ultimatesaiyan

San Mateo Company had the following account balances at December 31, 2021, before recording bad debt expense for the year: Accounts receivable $ 1,400,000 Allowance for uncollectible accounts (credit balance) 22,000 Credit sales for 2021 1,950,000 San Mateo is considering the following approaches for estimating bad debts for 2021: Based on 3% of credit sales Based on 6% of year-end accounts receivable What amount should San Mateo charge to bad debt expense at the end of 2021 under each method

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet
Answers: 1
question
Business, 22.06.2019 00:00
If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him?
Answers: 1
question
Business, 22.06.2019 08:20
How much does a neurosurgeon can make most in canada? give me answer in candian dollar
Answers: 1
question
Business, 22.06.2019 14:50
Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answers: 3
You know the right answer?
San Mateo Company had the following account balances at December 31, 2021, before recording bad debt...
Questions
question
History, 12.12.2021 08:50
question
Mathematics, 12.12.2021 08:50
question
Mathematics, 12.12.2021 08:50
question
English, 12.12.2021 08:50
question
Biology, 12.12.2021 08:50
question
Physics, 12.12.2021 08:50
question
World Languages, 12.12.2021 08:50
Questions on the website: 13722367