subject
Business, 18.07.2019 19:40 muravyevaarina

Roster co. adjusts its allowance for doubtful accounts at year end. the general ledger balances for the accounts receivable and the related allowance account before adjustment were $1,500,000 and $45,000, respectively. roaster uses the percentage-of-receivable method to estimate its allowance for doubtful accounts. accounts receivable were estimated to be 4% uncollectible. what amount should roaster record as an adjustment to its allowance for doubtful accounts at year end?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:20
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
question
Business, 22.06.2019 11:00
Which ranks these careers that employers are most likely to hire from the least to the greatest?
Answers: 2
question
Business, 22.06.2019 19:40
You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?
Answers: 3
question
Business, 23.06.2019 02:30
Astudent finds data on an internet site that contains financial information about selected companies. he plans to analyze the data and use the results to develop a stock investment strategy. what kind of data source is he using? what concerns might you have about drawing conclusions from this data set?
Answers: 1
You know the right answer?
Roster co. adjusts its allowance for doubtful accounts at year end. the general ledger balances for...
Questions
question
History, 30.06.2019 03:30
question
Computers and Technology, 30.06.2019 03:30
question
Mathematics, 30.06.2019 03:30
question
Mathematics, 30.06.2019 03:30
Questions on the website: 13722367