User Account

All Pages

What the Pribob doubtful accounts expense for the year

Assignment Help Accounting Basics
Reference no: EM132894927

Question - Based on the aging of its accounts receivable at December 31, Pribob Company determined that the net realizable value of the receivables at that date is 760,000. Additional information is as follows:

Accounts Receivable at December 31 880,000

Allowance for Doubtful Accounts at January 1 128,000 (cr)

Accounts written off as uncollectible during the year 88,000

Required - What the Pribob's doubtful accounts expense for the year ended December 31?

Reference no: EM132894927

Questions Cloud

What is the reflection of jose rizal execution : What is the reflection of Jose rizal's execution and filipino rebellions against spain?
How many board feet would the company have to process : If the company wants to generate an after-tax profit of $2,000,000 with Factory B, how many board feet would the company have to process and sell
Discuss the work environment based on hofstede dimension : Discuss in brief the country's cultural scenario based on the cultural variable and also discuss the work environment based on Hofstede's dimension
Networks international overcome cultural differences : How has MTV Networks International overcome cultural differences to create a world brand?
What the Pribob doubtful accounts expense for the year : Accounts written off as uncollectible during the year 88,000. What the Pribob's doubtful accounts expense for the year ended December 31
What is the probability proportion favouring tax increase : -(b) What is the probability the proportion favouring a tax increase is more than 30%?
Prepare the journal entry to adjust the supplies account : On December 31 of this year $375 worth of store supplies remained. Prepare the journal entry to adjust the supplies account
Define executive and non-executive members : Define executive and non-executive members of a board of directors. Explain why it is important for the board of directors to have a mixture of executive
Gain knowledge on eating healthy : As early childhood educators, we will without a doubt be working with children that are overweight. Please share an activity that you could plan to allow the ch

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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