User Account

All Pages

What amount of bad debt expense was recognized

Assignment Help Financial Accounting
Reference no: EM13303403

Balance sheet of kinkos 1999

12/31/1999 $173,200

12/31/1998 $ 236,400

Accounts receivable less allowance for bad debts of $9,500 and $17,900 for 1999 and 1998 respectively

Kinkos wrote off $10,650 of receivables as bad debts during 1999. What amount of bad debt expense was recognized for the year 1999?

Reference no: EM13303403

Questions Cloud

What is the present value of your windfall : What is the present value of your windfall if the appropriate discount rate is 9 percent?
Provide an analysis of the four attributes of the diamond : For each country, China and India, provide an analysis of the four attributes of the diamond and discuss the relative importance of domestic vs. international factors for the nation's competitiveness of the automotive industry.
What is the difference in the effective annual rates : What is the difference in the effective annual rates charged by the two banks?
Find metric tons of gravel required to fill a excavated area : Calculate the metric tons of gravel required to fill an excavated area 70 meters by 50 meters by 2 meters deep if the gravel has a density of 1890 kg/(m^3).
What amount of bad debt expense was recognized : Accounts receivable less allowance for bad debts of $9,500 and $17,900 for 1999 and 1998 respectively and Kinkos wrote off $10,650 of receivables as bad debts during 1999. What amount of bad debt expense was recognized for the year 1999?
Find the contribution margin per tattoo : Assume that the only service performed is the giving of tattoos, whose unit price is $12. Find the contribution margin per tattoo.
By how many joules does the internal energy change : A 7.4- g piece of silver undergoes isochoric heating, By how many joules does the internal energy change
Determine what is local acceleration along the centerline : velocity of water in the nozzle is given by V=2t/(1-.5x/L)^2. L = 4ft. When x=.5L and t=3s what is the local acceleration along the centerline. What is the convective acceleration.
Find the magnification of the image formed by the lense : An object is placed to the left of a convex lens and on the optical axis. find the magnification of the image formed by the lense

Reviews

Write a Review

Financial Accounting Questions & Answers

  Adjust the net present value analysis

How will you adjust the net present value analysis to compensate for inclusion of the interest expense ?

  , calculate the amount of interest capitalized for the year

Assuming the company uses the specific interest method, Calculate the amount of interest capitalized for the year. (Round the Weighted-average rate to two decimal places

  Purpose a cost of quality

Purpose a cost of quality and how do you think management could react to the relative size of the four categories of quality costs.

  Methods of inventory costing

Why do you believe we have four? Do we need four? What are the advantages and disadvantages of having four methods?

  Journal entries required to create and close the warranty

Make the Journal entries required to create and close the warranty period

  Standard mileage method

Jan receives no reimbursement from her employer. Jan has an AGI for year of $50,000 and no other itemized deductions.

  What amount to use operations and maintenance

The DRM only has Operations and Maintenance, Army (OMA) funds to purchase the system. The DRM must spend less than what amount to use Operations and Maintenance, Army appropriations for the computer system?

  Statement of changes in stockholders equity

Prepare an income statement, a statement of changes in stockholders equity, a balance sheet and a statement of cash flows.

  Calculate the estimated loss on the inventory from the fire

Based on recent history, Hodge’s gross profit ratio on Product Tex is 36% of net sales. Calculate the estimated loss on the inventory from the fire, using the gross profit method.

  What misstatements can appear in the financial statements

If a company does not monitor notes payable for due dates and interest payment dates in relation to financial statement dates, what misstatements can appear in the financial statements?

  Calculation of depreciation for plant assets

Calculation of depreciation for plant assets and determine the depreciation expense for the second year on this asset?

  Evaluate the equivalent units of product

Evaluate the equivalent units of product for (1) materials and (2) conversion cost for each month and calculate the physical units for January and May.

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