subject
Business, 25.11.2021 05:30 hii4199

On December 31, 2019 accounts receivable shows a normal balance of $75,000. Allowance for Doubtful Accounts has a credit balance of $2,500. Credit sales for the year were $500,000. An aging of accounts receivable shows that $3,500 in estimated uncollectible accounts. The company uses the aging of receivables method to recognize bad debt expense. Determine Bad Debt Expense.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:00
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
question
Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
Answers: 2
question
Business, 22.06.2019 20:20
You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take
Answers: 2
question
Business, 22.06.2019 22:40
Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply
Answers: 1
You know the right answer?
On December 31, 2019 accounts receivable shows a normal balance of $75,000. Allowance for Doubtful A...
Questions
question
English, 26.10.2020 18:00
question
Mathematics, 26.10.2020 18:00
question
Chemistry, 26.10.2020 18:00
question
Mathematics, 26.10.2020 18:00
question
Mathematics, 26.10.2020 18:00
Questions on the website: 13722363