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Question: Wecker company's year end unadjusted trial balance show account receivable of $89000. allowance for doubtful accounts of $500 (credit) and sale of $270000. uncollectible are estimated to be 1.5%of account receivable.
1. Prepared the December 31 year-end adjusting entry for uncollectibles.
2. What amount would have been use in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of 200$.
The actual cash received from cash sales was $11,279, What is the amount recorded for the days sales
What advantages does the codification bring to determining accounting policy compared to time before the codification was developed?
Based on these financial data and your knowledge and assumptions about the nature of the businesses that the companies operate, determine which data relate to which companies.
jaworskias ski store is completing the accounting process for its first year ended december 31 2013. the transactions
Sales for the first quarter of 2012 are expected to be 1,200,000 units. Prepare the beginning inventory for the first quarter
if fixed costs are 40500 per period variable costs are 12.50 per unit are revenue is 20.00 per unit how many units must
Explains the steps for setting up vendors & customers. How they might be used to make management decisions from both the view of internal and external users.
Calculate the estimated break-even point in annual unit sales of the new product if Creative Ideas Company uses the
BUSINESS ADMINISTRATION, MANAGEMNT& COMMERCIAL SCIENCES ACCOUNTING 512 ASSIGNMENT. Prepare ALL the general journal entries to record the issue of the class A shares. Refer to additional information point 1. Prepare the general journal entry(ies) requ..
A comparative balance sheet for Roxanne Company is presented below: Using the data above prepared a correct form the classified balance sheet for 2017
ross industries produces milk at a total cost of 132000. the production generates 60000 gallons of milk which can be
the income statement line item that shows the performance of operating activities without consideration of financing is
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