The accounting records of Belgrade Company provided the following data for 2016 from its unadjusted trial balance: Accounts receivable, Jan. 1, 2016: $180,000 Allowance for uncollectible accounts, Jan. 1, 2016: 8,000 credit Cash sales during 2016: 1,200,000 Credit sales during 2016: 1,000,000 Cash collections from credit sales during 2016: 760,000 Accounts written off as uncollectible during 2016: 5,000 On December 31, 2016, the firm’s fiscal year end, Belgrade determined that 2% of the ending balance in accounts receivable would be uncollectible. What is the Belgrade's bad debt expense for 2016?

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

In a chapter 7 bankruptcy, a debtor: