Your company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for doubtful accounts had a credit balance of $1,000. During the year, you recorded bad debt expense of $2,700 and wrote off bad receivables of $2,100. What is your year-end balance in Allowance for doubtful accounts?

Which is the correct expansion of the term internet? a. internetwork b. institutional network c. instructional network d. international network

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.