Reference no: EM13145611
Feed the Birds Corporation reviewed the following account balances from its accounting records for the year ended December 31, 2006, before adjustment:
Accounts receivable $90,000
Allowance for Uncollectible Accounts
(before adjustment) 1,750 credit
Credit sales during 2006 480,000
Collections from customers during 2006 510,000
Required:
a. Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales. Compute the uncollectible account expense for 2006.
b. Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales.
c. Determine the balance in the Allowance for Uncollectible Accounts account after the adjusting entry is recorded.
d. Uncollectible accounts are determined by the aging method to be $2,740. Compute the uncollectible account expense for 2006.
e. Uncollectible accounts are determined by the aging method to be $2,740. Compute the net realizable value of accounts receivable on December 31, 2006.
|
Explain which three measures of central tendency
: Also explain which of the three measures of central tendency would be appropriate for your example, which would be inappropriate, and why.
|
|
Cultural human rights
: Cultural Human rights are those needed to have a dignified life What is dignity? Universalism vs relativism All cultures equal, so one culture cannot fairly judge practices of another Egs of such a cultural divide
|
|
Various styles of masculinity and explanation of masculinity
: Provide a comprenhensive explanation of masculinity. How do you understand the term? Is your undestanding different now than what it was at the beginning of the semester? What are the different 'styles' of masculinity in the novel?
|
|
For example, if i would or should
: For example, if I would or should contract with you to the effect that I do A if you do B, and you do B, then the grounds for forcing me to do A or pay damages are surely weaker than if I actually had contracted to do A upon your doing B
|
|
Uncollectible account expense
: Uncollectible accounts are determined by the aging method to be $2,740. Compute the uncollectible account expense for 2006.
|
|
He court also failed to consider
: The court also failed to consider how monetary responsibil- ity should be allocated among defendants-whether by pro-rata share, comparative fault, or some other method?
|
|
The court began its analysis
: The court began its analysis by asserting that because no right of contribution is provided for in title VII, the drafters of the legislation may not have considered it?
|
|
Argument essay
: I'm currently to write an argument essay in the form of a research paper,ten to fifteen pages, on any topic I desire.I'm having trouble finding a topic that is unique.I'm open to suggestions; just be sure that the topic you suggest can be backed by c..
|
|
Mary admires julia''s collection
: Mary admires Julia's collection of scarves. Julia says "I might sell you a few someday, if I get tired of them." Julia's statement is
|