subject
Business, 07.08.2021 02:40 vannia

Using the following categories, indicate the effects of the following transactions. Indicate the accounts affected and the amounts. a. During the period, customer balances are written off in the amount of $11,500.
b. At the end of the period, bad debt expense is estimated to be $9,500.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 17:10
At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.
Answers: 3
question
Business, 21.06.2019 23:30
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?
Answers: 3
question
Business, 22.06.2019 15:50
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
question
Business, 22.06.2019 19:50
Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?
Answers: 2
You know the right answer?
Using the following categories, indicate the effects of the following transactions. Indicate the acc...
Questions
Questions on the website: 13722363