Coronado Industries's allowance for uncollectible accounts was $186500 at the end of 2020 and $180000 at the end of 2019. For the year ended December 31, 2020, Coronado reported bad debt expense of $29200 in its income statement. What amount did Coronado debit to the appropriate account in 2020 to write off actual bad debts

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness