subject
Business, 02.11.2019 05:31 StitchBeach

At the beginning of the current period, vaughn manufacturing had balances in accounts receivable of $186,800 and in allowance for doubtful accounts of $9,680 (credit). during the period, it had credit sales of $872,700 and collections of $697,700. it wrote off as uncollectible accounts receivable of $6,866. however, a $2,837 account previously written off as uncollectible was recovered before the end of the current period. uncollectible accounts are estimated to total $24,470 at the end of the period. (omit cost of goods sold entries.)
a. prepare the entries to record sales and collections during the period. b. prepare the entry to record the write-off of uncollectible accounts during the period. c. prepare the entries to record the recovery of the uncollectible account during the period. d. prepare the entry to record bad debt expense for the period.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 02:30, Roof55
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $
Answers: 1
image
Business, 22.06.2019 05:10, lorrainetakai1738
Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp
Answers: 2
image
Business, 22.06.2019 11:00, PastyMexican24
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
image
Business, 22.06.2019 19:00, makaylahunt
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u. s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
You know the right answer?
At the beginning of the current period, vaughn manufacturing had balances in accounts receivable of...

Questions in other subjects:

Konu
Mathematics, 19.05.2021 22:00
Konu
Chemistry, 19.05.2021 22:00
Konu
Arts, 19.05.2021 22:00