![subject](/tpl/images/cats/ekonomika.png)
Business, 23.10.2019 23:00 kaffolter25
On december 31, year 1, the loudoun corporation estimated that 3% of its credit sales of $112,500 would be uncollectible. loudoun uses the allowance method of accounting for uncollectible accounts. in february of year 2, one of loudoun's customers failed to pay his $1,050 account and the account was written off. on april 4, year 2, this customer paid loudoun the $1,050. which of the following answers correctly states the effect of the december 31, year 1 adjusting entry for uncollectible accounts on the financial statements of the loudoun corporation?
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 01:30
Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:00
Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
You know the right answer?
On december 31, year 1, the loudoun corporation estimated that 3% of its credit sales of $112,500 wo...
Questions
![question](/tpl/images/cats/obshestvoznanie.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 09.10.2021 21:00
![question](/tpl/images/cats/himiya.png)
Chemistry, 09.10.2021 21:00
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 09.10.2021 21:00
![question](/tpl/images/cats/User.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 09.10.2021 21:00
![question](/tpl/images/cats/istoriya.png)
History, 09.10.2021 21:00
![question](/tpl/images/cats/en.png)
English, 09.10.2021 21:00
![question](/tpl/images/cats/himiya.png)
Chemistry, 09.10.2021 21:00
![question](/tpl/images/cats/mat.png)
Mathematics, 09.10.2021 21:00
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/fizika.png)
Physics, 09.10.2021 21:00
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/fizika.png)
Physics, 09.10.2021 21:00