Kiley Company had a $700 credit balance in Allowance for Doubtful Accounts (What is normal balance for the contra asset? Debit or Credit) at December 31, 2020, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following:
Estimated Percentage Uncollectible
Current Accounts $120,000 1%
1-30 days past due 12,000
31-60 days past due 10,000 8%
61-90 days past due 5,000 17%
Over 90 days dus 8,000 40%
Total Accounts Receivable $155,000
Required:
(a) Calculate the balance for the Allowance for Doubtful Accounts.
(b) Prepare the adjusting entry on December 31, 2020, to recognize bad debts expense.
(c) Calculate the net realizable value after your adjusting entry for December 31, 2020.

You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds. before actually conducting the evaluation, you—the evaluator—need to know certain specifics to conduct a thorough evaluation. compose a proposal that describes what type of evaluation will be conducted. in the proposal, explain the type of public organization. describe some of the main services, products, and activities the organization provides to the public. describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will take. also, describe what the evaluation will assess with respect to organizational leadership. finally, what outcomes do you propose the evaluation will to achieve for the organization?