subject
Business, 14.04.2020 18:05 princessammarah4731

Bramble Corp. had a 1/1/17 balance in the Allowance for Doubtful Accounts of $45500. During 2017, it wrote off $26000 of accounts and collected $8300 on accounts previously written off. The balance in Accounts Receivable was $780000 at 1/1 and $980000 at 12/31. At 12/31/17, Bramble estimates that 6% of accounts receivable will prove to be uncollectible. What should Bramble report as its Allowance for Doubtful Accounts at 12/31/17

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 04:00, callmedarthvadorplz
You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)
Answers: 1
image
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
image
Business, 22.06.2019 10:30, jlankford148
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
image
Business, 22.06.2019 12:00, dwilburn01
Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?
Answers: 3
You know the right answer?
Bramble Corp. had a 1/1/17 balance in the Allowance for Doubtful Accounts of $45500. During 2017, it...

Questions in other subjects: