subject
Business, 22.04.2020 00:50 nikejose11

When an account previously written off is later collected, two journal entries are required. The first journal entry is to the account, and the second journal entry is to record of payment. receipt, reinstate write-off, reinstate reinstate, receipt collect, reinstat

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:30
Being an expert problem solver is something you're either born with or not. true or false
Answers: 2
question
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
question
Business, 23.06.2019 00:30
Environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in milan, italy, is 29. the number of days per year in which emission limits are exceeded is normally distributed with a standard deviation of 4.0 days. what percentage of the years would exceed 37 days?
Answers: 2
question
Business, 23.06.2019 00:40
Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold.mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
Answers: 3
You know the right answer?
When an account previously written off is later collected, two journal entries are required. The fir...
Questions
question
Mathematics, 22.10.2020 09:01
question
Mathematics, 22.10.2020 09:01
question
English, 22.10.2020 09:01
Questions on the website: 13722367