Business, 05.05.2020 21:03 oscardiazbet8803
The Accounts Receivable balance for Gold Company at December 31, 2017, was $30,000. During 2018, Gold eamed revenue of $452 000 on account and collected $328 000 on a count Gold wrote off S6,000 receivables as uno lectible. Industry expe ence suggests that uncollecti le accounts will amount to 3% of accounts receivable Read the requirements Requirement 1. Assume Gold had an unadjusted $1,900 credit balance in Allowance for Bad Debts at December 31. 2018. Journalize Gold's December 31, 2018, adjustment to record bad debts expense using the percent-of-receivables method. (Record debits first, then credits Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question.
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Business, 22.06.2019 13:30, lorip7799ov3qr0
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
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Business, 22.06.2019 19:40, jby
The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
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The Accounts Receivable balance for Gold Company at December 31, 2017, was $30,000. During 2018, Gol...
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