Microsoft develops, produces, and markets a wide range of computer software, including the windows operating system. on its recent financial statements, microsoft reported the following information about net sales revenue and accounts receivable (amounts in millions). current year prior year accounts receivable, net of allowances of $405 and $426 $ 19,792 $ 18,277 net sales revenue 89,950 85,320 according to its form 10-k, microsoft recorded bad debt expense of $85 and there were no bad debt recoveries during the current year. (hint: refer to the summary of the effects of accounting for bad debts on the accounts receivable (gross) and the allowance for doubtful accounts t-accounts. use the t-accounts to solve for the missing values.) required: what amount of bad debts was written off during the current year

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?

Sports leave thousands of college athletes with little time for their studies. this is an example of