Business, 31.07.2019 03:20 jxeidy8284
Domino company uses the aging of accounts receivable method to estimate uncollectible accounts expense. domino began year 2 with balances in accounts receivable and allowance for doubtful accounts of $39,590 and $3,020, respectively. during the year, the company wrote off $2,390 in uncollectible accounts. in preparation for the company's year 2 estimate, domino prepared the following aging schedule: number of days receivables % likely to be past due amount uncollectible current $ 56,000 1% 0-30 23,500 5% 31-60 5,360 10% 61-90 2,520 25% over 90 2,200 50% total $ 89,580 what will domino record as uncollectible accounts expense for year 2?
Answers: 2
Business, 22.06.2019 20:10, janayflowers042
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
Business, 23.06.2019 05:30, Juanga122
Scientists developed the first successful human cell culture in vitro (grown in a lab) in the 1950s by removing cancer cells from a woman. this concept has allowed modern scientists to successfully grow organs. which of the following answers bestdetermines why there was success? neurons send a signal to the cell to multiply. a large blood supply to the cell allows enough nutrients for growth. cells are the basic unit of life and thus can regenerate if in a controlled environment. cells cannot reproduce on their own, and the scientist manipulates them to grow.
Answers: 1
Business, 23.06.2019 11:00, rocksquad7917
What is considered to be a significant disadvantage of owning
Answers: 3
Domino company uses the aging of accounts receivable method to estimate uncollectible accounts expen...
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