2/31/2020: during 2020, $10,000 in accounts receivable were written off. at the end of the second year of operations, yolandi company had $1,000,000 in sales and accounts receivable of $400,000. xyz’s management has estimated that 1.5% of sales will be uncollectible. for the end of 2020, after the adjusting entry for bad debts was journalized, what is the balance in the following accounts: bad debt expense: allowance for doubtful accounts: for the end of 2020, what is the company's net realizable value?

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Consider 8.5 percent swiss franc/u.s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00