Business, 31.12.2019 05:31 neylabaker7489

At the end of 2021, worthy co.’s balance for accounts receivable is $11,000, while the company’s total assets equal $1,410,000. in addition, the company expects to collect all of its receivables in 2022. in 2022, however, one customer owing $2,600 becomes a bad debt on march 14.
1. record the write off of this customer’s account in 2022 using the direct write-off method. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 21:40

Bella is the new president of first edition, a group dedicated to the promotion of english literacy in first-generation immigrant communities. in the two years that have passed since bella took the position, the organization's members have become more passionate about their mission and intensified their activities—they put in long hours teaching children to read, promoting the program to parents, and soliciting donations. bella's strength is in her ability to inspire others and make them believe that they are part of something greater than themselves. which term best captures bella's leadership style? a. transactional b. transformational c. legitimate authority d. absolute authority

Answers: 1

Answer

Business, 22.06.2019 10:40

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Answers: 1

Answer

Business, 22.06.2019 12:30

In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?

Answers: 3

Answer

Business, 22.06.2019 14:00

Why is efficiency an important economic goal?

Answers: 2

Answer

You know the right answer?

At the end of 2021, worthy co.’s balance for accounts receivable is $11,000, while the company’s tot...

Questions