subject
Business, 19.12.2019 05:31 phillswift2020

On june 16, 2018, evergreen inc. wrote off the $200 receivable from customer m. simmons. on october 14, 2018, evergreen unexpectedly receives $200 cash from m. simmons. how should evergreen record the $200 payment from m. simmons? evergreen uses the allowance method. a. debit accounts receivable-m. simmons and credit bad debts expense: debit cash and credit accounts receivable-m. simmons. b. debit cash and credit bad debts expense. c. debit cash and credit allowance for bad debts. d. and credit allowance for bad debts; debit cash and credit accounts debit accounts receivable-m. simmons receivable- m. simmons

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:30
Which composition of transformations will create a pair of similar, not congruent triangles? a rotation, then a reflectiona translation, then a rotationa reflection, then a translationa rotation, then a dilationmark this and retumsave and exit
Answers: 2
question
Business, 21.06.2019 21:30
Which of these things did galileo not do? a. stop publishing his scientific work after being convicted of heresy b. invent the concept of acceleration c. experiment with rolling balls down ramps of increasing steepness to test how objects would fall d. argue that earth moves around the sun e. make up a thought experiment that indicated that objects would fall at the same rate
Answers: 3
question
Business, 22.06.2019 05:50
Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.
Answers: 2
question
Business, 22.06.2019 10:30
You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability
Answers: 2
You know the right answer?
On june 16, 2018, evergreen inc. wrote off the $200 receivable from customer m. simmons. on october...
Questions
question
Mathematics, 23.03.2021 17:50
Questions on the website: 13722363