Problem 7-2a estimating and reporting bad debts lo p2, p3 [the following information applies to the questions displayed below.] at december 31, 2018, hawke company reports the following results for its calendar year. cash sales $ 1,867,290 credit sales 3,128,000 in addition, its unadjusted trial balance includes the following items. accounts receivable $ 947,784 debit allowance for doubtful accounts 12,630 debit problem 7-2a part 1 required: 1. prepare the adjusting entry for this company to recognize bad debts under each of the following independent assumptions. bad debts are estimated to be 3% of credit sales. (round your final answers to the nearest whole dollar.) bad debts are estimated to be 2% of total sales. an aging analysis estimates that 6% of year-end accounts receivable are uncollectible. (round your final answers to the nearest whole dollar.)

Which job role belongs in the middle management level? a. president b. chief executive officer c. department manager d. chief operating officer e. vice president

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?