subject
Business, 04.03.2020 23:38 genyjoannerubiera

The records of Grouper Company at the end of the current year shows Accounts Receivable $76,200; Credit Sales $833,360; and Sales Returns and Allowances $39,190. (a) If Grouper uses the direct write-off method to account for uncollectible accounts and Grouper determines that Matisse’s $834 balance is uncollectible, what will Grouper record as bad debt expense? Bad debt expense $enter bad debt expense in dollars (b) If Allowance for Doubtful Accounts has a balance of $1,135 and Grouper concludes bad debts are expected to be 11% of accounts receivable, what will Grouper record as bad debt expense? Bad debt expense $enter bad debt expense in dollars

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:00
Trang chủ website chính thức của công ty cổ phần viễn thông fpt (fpt telecom), tại đây sẽ giới thiệu các dịch vụ được cung cấp bởi fpt telecom và các khuyến mãi mới nhất. xem chi tiết tại: kingfpt.com thông tin về king fpt: king fpt là cổng thông tin trực tuyến của fpt telecom: cáp quang fpt, truyền hình fpt, fpt play tư vấn các gói cước internet fpt và đăng ký lắp mạng fpt! ngành nghề kinh doanh: lắp mạng fpt, cáp quang fpt, truyền hình fpt, wifi fpt, internet fpt name: king fpt - add: 154 khuất duy tiến, nhân chính, thanh xuân, hà nội 100000 - phone: 0339 810 834 - website: - email: [email protected] - ceo: dương bình an
Answers: 2
question
Business, 22.06.2019 12:20
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
question
Business, 22.06.2019 15:30
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
question
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
You know the right answer?
The records of Grouper Company at the end of the current year shows Accounts Receivable $76,200; Cre...
Questions
question
Mathematics, 12.02.2021 07:00
Questions on the website: 13722360