Business, 08.10.2019 19:00 madistupid

Wrote off an uncollectible account for $650. provided $88,000 of services on account. provided $32,000 of services and collected cash. collected $81,000 cash from accounts receivable. paid $65,000 of salaries expense for the year. adjusted the accounts to reflect uncollectible accounts expense for the year. leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. organize the transaction data in accounts under an accounting equation. d-2. prepare an income statement for 2019. d-3. prepare the statement of changes in stockholders' equity for 2019. d-4. prepare the balance sheet for 2019. d-5. prepare the statement of cash flows for 2019. d-6. what is the net realizable value of the accounts receivable at december 31, 2019?

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:30, csteward2917

Your take on decision making process

Answers: 1

continue

Business, 22.06.2019 10:40, emojigirl5754

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Answers: 2

continue

Business, 22.06.2019 17:20, sctenk6052

“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.

Answers: 3

continue

Business, 22.06.2019 22:40, dbrwnn

When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.

Answers: 1

continue

You know the right answer?

Wrote off an uncollectible account for $650. provided $88,000 of services on account. provided $32,0...