Business, 27.07.2019 00:40 peep372

Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted trial balance shows accounts receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000. if uncollectible accounts are estimated to be 4% of accounts receivable, what is the amount of the bad debts expense adjusting entry?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:10

Ms. sophia jones, the company president, has heard that there are multiple breakeven points for every product. she does not believe this and has asked you to provide the evidence of such a possibility. some information about the company for 2017 is as follows:

Answers: 1

Answer

Business, 22.06.2019 15:40

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Answers: 1

Answer

Business, 22.06.2019 19:30

Which of the following occupations relate to a skill category of words and literacy

Answers: 1

Answer

Business, 23.06.2019 03:00

Predict how the price of athletic shorts would change if schools banned their use

Answers: 2

Answer

You know the right answer?

Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted t...