subject
Business, 03.11.2020 17:00 RioQNA

At the end of the current year, the accounts receivable account has a debit balance of $688,000 and sales for the year total $7,800,000. The allowance account before adjustment has a debit balance of $9,300. Bad debt expense is estimated at 3/4 of 1% of sales. The allowance account before adjustment has a debit balance of $9,300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $29,800. The allowance account before adjustment has a credit balance of $6,200. Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a credit balance of $6,200. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $51,500. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a. $fill in the blank 1 b. $fill in the blank 2 c. $fill in the blank 3 d. $fill in the blank 4

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 17:40
To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.
Answers: 3
question
Business, 22.06.2019 23:30
Atelephone call center uses three customer service representatives (csrs) during the 8: 30 a.m. to 9: 00 a.m. time period. the standard service rate is 3.0 minutes per telephone call per csr. assuming a target labor utilization rate of 80 percent, how many calls can these three csrs handle during this half-hour period?
Answers: 1
question
Business, 23.06.2019 05:40
Which two tasks does an industry safety and health engineer perform?
Answers: 1
question
Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the economic question
Answers: 1
You know the right answer?
At the end of the current year, the accounts receivable account has a debit balance of $688,000 and...
Questions
question
Mathematics, 12.10.2019 08:00
question
English, 12.10.2019 08:00