Business, 23.04.2020 19:42 britneywells14ozzp3r

The Aussie Pie company sells Australian meat pies. At January 1, the company had an accounts receivable balance of $500,000 (debit) and an allowance for doubtful accounts balance of $25,000 (credit). During the year, the company had total sales of $2,000,000 (all on credit) and collected $1,900,000 of accounts receivable. Also during the year, the company wrote off $30,000 of bad debts. At year end, the company determined that the allowance for doubtful accounts should have a balance of $34,000 (credit). As part of the year end adjusting journal entry, the company will g

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 11:00

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Answers: 1

Answer

Business, 22.06.2019 16:00

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.

Answers: 1

Answer

Business, 22.06.2019 19:50

Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32

Answers: 1

Answer

Business, 23.06.2019 00:30

Industrial engineers who specialize in ergonomics are concerned with designing workspace and devices operated by workers so as to achieve high productivity and comfort. a paper published in this research area reports on a study of preferred height for an experimental keyboard with large forearm-wrist support. a sample of 31 trained typists resulted in an average preferred height of 80.0 cm

Answers: 1

Answer

You know the right answer?

The Aussie Pie company sells Australian meat pies. At January 1, the company had an accounts receiva...

Questions