Preparation of bad debt account and their adjustmentbad

Assignment Help Financial Accounting
Reference no: EM13356546

Preparation of Bad debt Account and their Adjustment.

Bad Debts Analysis, Allowance account On January 1, 2009, the balance in Kubera. Co Accounting for bad debts account was $9720. During the year a total of 23,900 of delinquent accounts receivable was written off as bad debts. The balance in the allowance for bad debts account at December 31, 2009 was 10,480.

1. What's the total f account in bad debts expense?

2. What's the amount of the adjuster?

Reference no: EM13356546

Questions Cloud

Analysis of overheads and calculation of under or over : analysis of overheads and calculation of under or over application of overheads.1. woodman company uses a predetermined
Calculation of payback period of the project and comment on : calculation of payback period of the project and comment on its liquiditypaybackthree separate projects each have an
Cost allocation theory through cost driversthe city of : cost allocation theory through cost drivers.the city of seattle reading lists a series of costs and associated cost
Calculation of material handling costs predetermined : calculation of material handling costs predetermined overhead costs and account balance.giltronics inc. applies
Preparation of bad debt account and their adjustmentbad : preparation of bad debt account and their adjustment.bad debts analysis allowance account on january 1 2009 the balance
Adjustment in general account balanceslisted below are the : adjustment in general account balances.listed below are the unadjusted general ledger account balances of olsen company
1 blp corporation reported wages expense of 224000 wages : 1. blp corporation reported wages expense of 224000 wages payable of 89400 at the beginning of the year and wages
Identification of defiances appears in financial : identification of defiances appears in financial statements.you recently joined the internal auditing department of kay
Preparation of multi-step income statementa partial trial : preparation of multi-step income statement.a partial trial balance for franklin enterprises at december 31 2009

Reviews

Write a Review

Financial Accounting Questions & Answers

  Payroll for the week ended december 30

December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $35,000 is subject to unemployment compensation taxes.

  What is the market value per share of this company stock

A company has net income of $3000000. It has 600,000 weighted-average common shares outstanding and a price-earnings ratio of 17. what is the market value per share of this company's stock?

  Determine an estimate of total maintenance cost

Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 45,000 units.

  Question research companies who have experienced

question research companies who have experienced misappropriation of assets or loss of customer information within the

  Department of revenue in sales

This is my situation, I own a used car lot, I sold and report to Department of Revenue in sales the amount of $720.000 dollars.

  Purpose a statement of retained earnings

Purpose a statement of retained earnings for the year ending 31 st December, 2011.

  Summarize charges and proposed rebuttal or mitigation

Summarize charges and proposed rebuttal or mitigation of charges and lessons learned. Propose actions that can be taken by the management in the future to avoid future anti-trust actions.

  Explain balance sheet presentation of the fair value

Explain balance sheet presentation of the fair value adjustment for Perry’s short-term investment.

  The exchange qualifies as what type of transaction

I n exchange for all of the Quartz stock, Hugh receives 1,000 shares of Turquoise Corporation common stock (value $20,000), and Stacy receives 50 shares of Turquoise preferred (value $20,000). Hugh also receives $160,000 in bonds. The exchange qu..

  Comfi airways inc a small two-plane passenger airline has

comfi airways inc. a small two-plane passenger airline has asked for your help in some basic analysis of its

  How much insurance expense will be recorded for accounting

How much insurance expense will be recorded for the accounting periods ending December 31, 2007, and December 31, 2008, if the company uses the accrual basis of accounting?

  Calculate total deduction john may take

John used the statutory percentage method of cost recovery. He elects not to take additional first-year depreciation. Calculate total deduction John may take for 2011 with respect to the car.

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!

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