subject
Business, 22.07.2021 22:10 klysse123

ABC Company uses the allowance method for estimating bad debts. Record the following journal entries: 12/31 ABC Company estimates that $5,000 of accounts receivable will be uncollectible.
3/5 ABC Company wrote off a $1,200 account of a customer, B. Brown.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Problem 2-18 job-order costing for a service company [lo2-1, lo2-2, lo2-3]speedy auto repairs uses a job-order costing system. the company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 10,000fixed overhead cost $ 90,000variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate.2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 600direct labor cost $ 180direct labor-hours used 2 compute mr. wilkes' total job cost. 3. if speedy establishes its selling prices using a markup percentage of 30% of its total job cost, then how much would it have charged mr. wilkes?
Answers: 1
question
Business, 22.06.2019 08:30
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
question
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
question
Business, 22.06.2019 20:30
What talents or skills do u admire most in others
Answers: 2
You know the right answer?
ABC Company uses the allowance method for estimating bad debts. Record the following journal entries...
Questions
question
Mathematics, 04.07.2021 04:20
question
Mathematics, 04.07.2021 04:20
question
English, 04.07.2021 04:20
question
Social Studies, 04.07.2021 04:40
Questions on the website: 13722367