ASsume the following information:

Accounts receivable (beginning balance) $140,000
Allowance for doubtful accounts (beginning balance) 11,490
Net credit sales 938,000
Collections 915,000
Write-offs of accounts receivable 5,900
Collections of accounts previously written off 2,000

Uncollectible accounts are expected to be 7% of the ending balance in accounts receivable.

Prepare the entries to record sales and collection during the period.

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.

Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.