At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 917,000 Credit sales 317,000 Its year-end unadjusted trial balance includes the following items. Accounts receivable $ 142,000 debit Allowance for doubtful accounts 6,700 debit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 4% of credit sales, (2) 2% of total sales and (3) 7% of year-end accounts receivable.
Answers: 3
Business, 22.06.2019 03:00, brarob340
Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter
Answers: 1
Business, 22.06.2019 12:50, 20170020
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
Answers: 1
Business, 22.06.2019 13:50, xcoder1732
Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal. b) rental rates in france will increase. c) wages in france will decrease. d) rental rates in portugal will increase.
Answers: 2
Business, 22.06.2019 16:00, winstonbendariovvygn
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sal...
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