Business, 18.09.2019 18:30 Joseph8439

At the close of its first year of operations, december 31, 2010, ming company had accounts receivable of $540,000, after deducting the related allowance for doubtful accounts. during 2010, the company had charges to bad debt expense of $90,000 and wrote off, as uncollectible, accounts receivable of $40,000. what should the company report on its balance sheet at december 31, 2010, as accounts receivable before the allowance for doubtful accounts?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:20, sophiaa23

Reqwest llc agrees to sell one hundred servers to social media networks, inc. the servers, which social media networks expressly requires to have certain amounts of memory, are to be shipped “f. o.b. social media networks distribution center in tampa, fl.” when the servers arrive, social media networks rejects them and informs reqwest, claiming that the servers do not conform to social media networks’ memory requirement. a few hours later, the servers are destroyed in a fire at social media networks’ distribution center. will reqwest succeed in a suit against social media networks for the cost of the goods?

Answers: 3

continue

Business, 22.06.2019 03:00, janeou17xn

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

Answers: 1

continue

Business, 22.06.2019 06:40, jesh0975556

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?

Answers: 1

continue

Business, 22.06.2019 12:30, victorialeona81

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Answers: 1

continue

You know the right answer?

At the close of its first year of operations, december 31, 2010, ming company had accounts receivabl...