Aportion of the current assets section of the december 31, 2014, balance sheet for carr co. is presented here: accounts receivable $ 40,000 less: allowance for bad debts (6,300 ) $ 33,700 the company's accounting records revealed the following information for the year ended december 31, 2014: sales (all on account) $406,000 cash collections from customers 419,000 accounts written off 14,000 bad debts expense (accrued at 12/31/14) 12,000 required: using the information provided for 2014, calculate the net realizable value of accounts receivable at december 31, 2013, and prepare the appropriate balance sheet presentation for carr co., as of that point in time. (amounts to be deducted should be indicated with minus sign.)

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest