Anewly created design business, teri's art, is finishing its first year of operations. during the year, credit sales were $43,000 and collections of credit sales were $35,000. one account for $600 was written off. teri's art uses the aging-of-receivables method to account for bad debts expense. it has estimated $275 as uncollectible at year-end. what is the amount of the bad debts expense for the first year of operations?
Answers: 3
Business, 21.06.2019 20:30, danthehero56
Northington, inc. is preparing the company's statement of cash flows for the fiscal year just ended. using the following information, determine the amount of cash flows from operating activities using the indirect method: net income$182,000gain on the sale of equipment12,300proceeds from the sale of equipment92,300depreciation expense—equipment50,000payment of bonds at maturity100,000purchase of land200,000issuance of common stock300,000increase in merchandise inventory35,400decrease in accounts receivable28,800increase in accounts payable23,700payment of cash dividends32,000 $189,400.$332,200.$236,800.$261,400 .$186,800.
Answers: 2
Business, 22.06.2019 21:20, alexandriacatro9419
Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.
Answers: 1
Business, 23.06.2019 01:30, paigehixson342
True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.
Answers: 1
Anewly created design business, teri's art, is finishing its first year of operations. during the ye...
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