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Oddessy counsulting has the following for year ended 12-31-09 Accounts recivable 330,000 Net Credit Sales 1,200,000 Allowance for doubtful accounts 4,700 Estimated percentage of bad debts on credit sales 2% Oddessy uses the net credit sales method of estimating bad debt expense The balance in the allowance for doubtful accounts afterthe adjustment is?
an oven with a book value of 67000 has an estimated 5 year life. a proposal is offered to sell the oven for 8500 and
a business is operating at 90 of capacity and is currently purchasing a part used in its manufacturing operations for
According to double-entry accounting, which of the following is a correct statement regarding transactions?
which of the following costs is most likely to be the largest expense reported on the income statement of a
john dossey inc. manufactures 3 products footballs helmets and sets of pads. the company has estimated its overhead in
otthars amusement center contains a number of electronic games as well as a miniature golf course and various rides
at the close of its first year of operations december 31 2014 madeline company had accounts receivable of 1100000 after
The basis of the land in the corporation's hands is $68,000. What are the consequences to the corporation and the shareholders as a result of this distribution?
david is lead partner in a local accounting firm whose practice consists of tax consulting and compliance. the firm
vicki barr ss 036-47-2189 is a grade 1 machinist who earns 20 per hour. on monday june 12 through wednesday june 14
Which of the following types of organisations: a supermarket, pharmaceutical company, musical instrument retailer, steel company, software company, do you expect to have (a) particularly high or low asset turnover (b) high or low sales margins ? E..
you own an automobile parts company and have been approached by a leading car manufacturer to supply parts to the
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