subject
Business, 18.03.2021 01:40 milkshakegrande101

Kingbird, Inc. had net sales in 2020 of $1,416,000. At December 31, 2020, before adjusting entries, the balances in selected accounts were Accounts Receivable $352,500 debit, and Allowance for Doubtful Accounts $1,886 debit. Assume that 11% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:00
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
question
Business, 22.06.2019 19:40
Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08
Answers: 1
question
Business, 22.06.2019 22:20
Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.
Answers: 1
question
Business, 23.06.2019 03:00
Atennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. there's also $500 fee to become a member. stella joined the tennis club last spring, and she has been a member for 5 months. she has been playing 10 hours of tennis each month. stella values an hour of her time at $20. during a boring afternoon meeting, stella thinks about reserving a court to work on her serve for an hour tonight. what's stella's opportunity cost of working on her serve for an hour?
Answers: 1
You know the right answer?
Kingbird, Inc. had net sales in 2020 of $1,416,000. At December 31, 2020, before adjusting entries,...
Questions
question
Mathematics, 28.01.2020 22:48
question
Mathematics, 28.01.2020 22:48