Business, 18.10.2019 01:20 briannasineiro7937

At the end of the year, mercy cosmetics’ balance of allowance for uncollectible accounts is $400 (credit) before adjustment. the balance of accounts receivable is $15,000. the company estimates that 10% of accounts will not be collected over the next year. what adjustment would mercy cosmetics record for allowance for uncollectible accounts? (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

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Answer from: 61497

Bad debt expense$ 1.100

Allowance for Uncollectible Accounts $ 1.100

Explanation:

Initial Balance

Accounts Receivable$ 15,000

Allowance for Uncollectible Accounts $ 400

It's necessary to entry the next journal entry to meet the amount indicate by the method.

Bad debt expense$ 1,100

Allowance for Uncollectible Accounts $ 1,100

Final Balance

Accounts Receivable$ 15.000

Allowance for Uncollectible Accounts $ 1.500

Accounts Uncollectible are those credit that the company give and there are not chances of been collected. When the customers buy products on credits but then the company can't collect the debt, then it's necessary to write off the unpaid bill as uncollectible One way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduce in the same amount, less assets. The other way it's to determine a percentage of total amount of accounts receivables as uncollectible, exist many ways to analize the accounts receivable and figure the value of uncollectible. When the company have the percentage of uncollectible accounts the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit) . At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.

Answer from: Quest

cool i use it all the time

Answer from: Quest

sound is invisible, but sometimes we can feel it. when a kettle-drum is thumped with a stick that time the tight drum skin moving up and down very quickly for some time and then it pumped sound waves into the air. loudspeakers also work in a similar manner.

components of a speaker:

electromagnet

in order to translate an electrical signal into an audible sound, an electromagnet is used in looudspeakers

suspension

suspension is used to center the voice coil in the gap of the magnet and it exerts a restoring force to keep it there. suspension is used to limits the maximum mechanical excursion of the diaphragm and voice coil.

voice coil

voice coil is a coil of wire which is attached to the apex of a loudspeaker cone. it provides the motive force to the cone by the reaction of a magnetic field to the current passing through it.

cone

in a loudspeaker, a thin, semi-rigid membrane attached to the voice coil, which moves in a magnetic gap due to which it vibrates and produced sound. it is known as diaphragm and it can also be called a cone, though not all speaker diaphragms are cone-shaped.

surround

surround is also known as front suspension. surround is used to join the cone to the chassis. together with the suspension it controls the cone excursion, and it is also used to determine how energy which is travelling through the cone is absorbed, and how the speaker limits when it reaches the ends of its travel.

dustcap

dustcap is used to protect the voice coil from dust and dirt. it is a part of the cone.

how speaker work

the outer part of the cone is fastened to the outer part of the loudspeaker's circular metal rim. the inner part is fixed to voice coil that sits just in front of a permanent magnet . when loudspeaker is hooked up to a stereo, electrical signals feed through the speaker cables into the coil. it will convert the coil into an electromagnet magnet . when electricity flows back and forth in the cables, the electromagnet either repels or attract the permanent magnet. this moves the coil back and forth, and it pull and push the loudspeaker cone. like a drum skin vibrating back and forth, the moving cone pumps sounds out into the air.in this way loudspeakers works.

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At the end of the year, mercy cosmetics’ balance of allowance for uncollectible accounts is $400 (cr...

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