Business, 17.03.2020 02:10 yoboi33

On January 1, 2013, the Accounts Receivable balance was $18,500 and the balance in the Allowance for Doubtful Accounts
was $1,400. On January 15, 2013 a $400 uncollectible account was written-off. The net realizable value of accounts
receivable immediately after the write-off is:

A. 518.100.

B. $16,700.

C. 517.100.

D. $17,500.

On January 1, 2013 Garcia Company had an $8.000 balance in the Accounts Receivable account and a zero balance in the
Allowance for Doubtful Accounts account. During 2013, Garcia provided $52,000 of service on account. The company
collected $48,500 cash from account receivable. Uncollectible accounts are estimated to be 2% of sales on account.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 13:10

The table below is comparing level of education achieved to the rate of unemployment and the median weekly earnings in 2008. based on the information provided, the unemployment rate decreases the most when moving between which two consecutive educational levels? a. “less than high school” and “high school graduate” b. “high school graduate” and “some college, no degree” c. “associate degree” and “bachelor’s degree” d. “professional degree” and “doctoral degree”

Answers: 1

Answer

Business, 22.06.2019 11:00

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.

Answers: 1

Answer

Business, 22.06.2019 15:00

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

Answers: 3

Answer

Business, 22.06.2019 15:30

The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?

Answers: 3

Answer

You know the right answer?

On January 1, 2013, the Accounts Receivable balance was $18,500 and the balance in the Allowance for...

Questions