User Account

All Pages

Compute amount of adjusting entry for uncollectible accounts

Assignment Help Accounting Basics
Reference no: EM132158261

Question - An aging-of-accounts-receivable indicates that the amount of uncollectible accounts is $3,410. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $600. The Accounts Receivable balance is $44,720. Compute the amount of the adjusting entry for uncollectible accounts?

A. $600

B. $4,010.

C. $2,810.

D. $3,410.

Reference no: EM132158261

Questions Cloud

Compute amount of adjusting entry for uncollectible-expense : The Accounts Receivable balance is $44,620. Compute the amount of the adjusting entry for Uncollectible-Accounts Expense
Recommend a strategy for apple to sustain : Use the two primary dimensions (i.e., cost advantage and differentiation advantage) to recommend a strategy for Apple to sustain its competitive advantage.
How you can develop and use effective writing and research : ENGL105: Address how you can develop and use effective writing and research skills to further educational and academic goals.
Suggest the fundamental ways in which innovation : Suggest the fundamental ways in which innovation matures a company. Provide a rationale and / or a real-world example to support your response.
Compute amount of adjusting entry for uncollectible accounts : The Accounts Receivable balance is $44,720. Compute the amount of the adjusting entry for uncollectible accounts
Discuss major risk factors related to foodborne illnesses : Discuss the major risk factors related to foodborne illnesses. Please also describe the practical methods for the prevention of foodborne illnesses.
What traits serve a leader well : What traits serve a leader well? What traits do not?
Why is the study of the incident command system : Why is the study of the Incident Command System so important to the professional firefighter? Describe the history of ICS and NIMS.
What will your salary be after taxes : Research what the state and federal income taxes are for the state in which you want to live. What will your salary be after taxes? Show calculations

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd