At January 1, 2024, Betty DeRose, Inc. reported an allowance for doubtful accounts with a $26,000 credit balance. During 2024, Betty wrote-off as uncollectible accounts receivable totaling $37,000. At December 31, 2024, Betty prepared the aging schedule below: Accounts Receivable % Uncollectible not past due $227,000 1% 1-39 days past due $163,000 7% 40-79 days past due $102,000 11% 80-119 days past due $ 83,000 22% over 119 days past due $ 36,000 48% Based on the above aging schedule, Betty's bad debt expense for 2024 was estimated to be $59,000. Calculate the amount of recoveries recorded Betty DeRose, Inc. during 2024.

Aconsumer values a house at $525,000 and a producer values the same house at $485,000. if the transaction is completed at $510,000, what level of tax rate will result in unconsummated transaction?

Which of these is not a result of regular exercise

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.