Providing for doubtful accounts
At the end of the current year, the accounts receivable account has a debit balance of $844,000 and sales for the year total $9,560,000.
a. The allowance account before adjustment has a debit balance of $11,400. Bad debt expense is estimated at 1/4 of 1% of sales.
b. The allowance account before adjustment has a debit balance of $11,400. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of
$36,500.
c. The allowance account before adjustment has a credit balance of $4,700. Bad debt expense is estimated at 1/2 of 1% of sales.
d. The allowance account before adjustment has a credit balance of $4,700. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of
$39,000.
Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above.

Answers

Answer 1

Based on the account receivable balance and the adjustments, the adjusting entries for doubtful debt under various assumptions is:

a. $23,900b. $47,900c. $47, 800d. $34,300

What are the entries for doubtful debt?

a. Bad debt is 1/4 of 1% of sales:

= 9,560,000 x 0.25%

= $23,900

b. Debit balance of $11,400:

= Estimated doubtful accounts + Debit balance

= 36,500 + 11,400

= $47,900

c. Credit balance of $4,700 and 1/2 of 1% of sales:

= Sales x 0.50%

= 9,560,000 x 0.50%

= $47,800

d. Credit balance of $4,700 and estimated doubtful of $39,000:

= Estimated doubtful accounts - credit balance

= 39,000 -  4,700

= $34,300

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Related Questions

what the volume of the soild

Answers

Answer:

A.264

Step-by-step explanation:

((Area Of triangle*height)=Volume

Area of triangle is the base of the triangle multiplied by height of triangle divided by 2

((8*6)/2)*11=264

Which set of rectangular coordinates describes the same location as the
polar coordinates (3-√2.37)?
4

Answers

The rectangular coordinates will be (2.999, -0.1239)

What are different Coordinate System ?

The Cartesian Coordinate system is not sufficient to locate points in a plane , therefore some other systems like polar coordinates , spherical coordinates , cylindrical coordinate systems are used.

Polar coordinates are given in the question and we need to determine rectangular coordinates for the same.

The equations used to convert from polar coordinates to rectangular coordinates.

x=rcosθ

y=rsinθ

z=z

For the polar coordinates

(3-√2.37)

r = 3

[tex]\rm \theta \\[/tex] = -√2.37

x = 3cos (-√2.37)

x = 3 *0.999

x =2.999

y = 3 sin.(-√2.37)

y = 3*(-0.0413)

y = -0.1239

Therefore the rectangular coordinates will be (2.999, -0.1239)

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Will give 100 points!!

Answers

Answer:

[tex]\large{\boxed{\sf 2x+h-4}}[/tex]

Explanation:

f(x) = x² - 4x + 3

f(x + h) = (x + h)² - 4(x + h) + 3

Solving Steps:

[tex]\rightarrow \sf \dfrac{(x + h)^2 - 4(x + h) + 3 - (x^2 - 4x + 3)}{h}[/tex]

[tex]\rightarrow \sf \dfrac{x^2 + 2xh + h^2 - 4x -4h+3-x^2+4x-3}{h}[/tex]

[tex]\sf \rightarrow \dfrac{2xh+h^2-4h}{h}[/tex]

[tex]\rightarrow \sf 2x+h-4[/tex]

f(x)=x²-4x+3f(x+h)=(x+h)²-4(x+h)+3=x²+2xh+h²-4x-4h+3

Put values

[tex]\\ \rm\Rrightarrow \dfrac{x^2+2xh+h^2-4x-4h+3-x^2+4x-3}{h}[/tex]

[tex]\\ \rm\Rrightarrow \dfrac{2xh+h^2-4h}{h}[/tex]

[tex]\\ \rm\Rrightarrow \dfrac{h(2x+h-4)}{h}[/tex]

[tex]\\ \rm\Rrightarrow 2x+h-4[/tex]

please help me Im almost done​

Answers

Answer:

[tex]\mathsf {x = 76}[/tex]

Step-by-step explanation:

The given pair of angles lie on a line, hence they are classified as linear angles. They possess the property by which their sum is equal to 180°.

[tex]\textsf {Solving :}[/tex]

[tex]\implies \mathsf {x + 17 + 87 = 180}[/tex]

[tex]\implies \mathsf {x + 104 = 180}[/tex]

[tex]\implies \mathsf {x = 180 - 104}[/tex]

[tex]\implies \mathsf {x = 76}[/tex]

Jordan is planning to buy a vehicle. He has the following choices.

Type: sedan or SUV
Transmission: 5-speed or automatic
Color: red, blue, black, green, or silver
Top: sunroof or no sunroof

Jordan says that he has a total of 2 + 2 + 5 + 2, or 11, possible vehicle choices. What is Jordan’s error?
He should have multiplied the sum by 4.
He should have added only the choices for type and transmission.
He should have multiplied only the choices for type and transmission.
He should have multiplied the choices, instead of adding them.

Answers

Jordan's error is He should have multiplied the choices, instead of adding them. Thus, the correct option is D.

What are the number of choices?

Whenever you have multiple choices, you have to multiply the number of choices you have in different groups to get the final number of choices.

For example, you have to make a sandwich and you can either use white bread or brown bread. Also, you can either use jam or peanut butter or veggies. Therefore, here the number of choices is 6.

White bread and JamWhite bread and Peanut butterWhite bread and VeggiesBrown bread and JamBrown bread and Peanut butterBrown bread and Veggies

Similarly, Jordan has two choices for type, two choices for transmission, 5 choices for color, and 2 choices for the top. Therefore, the number of choices Jordan has is,

Number of choices in total = 2 × 2 × 5 × 2

Hence, Jordan's error is He should have multiplied the choices, instead of adding them. Thus, the correct option is D.

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Answer:

D

Step-by-step explanation:

Describe What Anime Is
(In 2 or 3 sentences)
Pls don’t copy and paste from G00gI3

Answers

Answer:

Anime is animation from japan

Can someone help me

Answers

Answer:

1) 33.333...%

2) 33.333...%

Step-by-step explanation:

4 students out of 12 are wearing all color.

4 students out of 12 are wearing blue shoes.

Find the equation of a line passing through (3,4) and (1,-4). Enter your answer in the slope-intercept form (namely, type your answer exactly in the form of y = mx + b).​

Answers

Answer:

y=4x−8

Step-by-step explanation:

Graph the function y = x3 + x2 – 6x + 5. What are the coordinates, to the nearest tenth, of the relative maximum of the graph?

(1.1, 0.9)
(1.5, 1.3)
(–2.2, 15.8)
(–1.8, 13.2)

Answers

The coordinates, to the nearest tenth, of the relative maximum of the graph is (-1.8,13.2)

How to determine the relative maximum?

The equation of the function is given as:

y = x^3 + x^2 – 6x + 5

Next, we plot the graph of the function (see attachment)

From the attached graph, we have the relative maximum to be at:

(x,y) = (-1.8,13.2)

Hence, the coordinates, to the nearest tenth, of the relative maximum of the graph is (-1.8,13.2)

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2. Using the discriminant, determine the number of real roots of the equation x² - 4x + 4 = 0. Do not solve the equation.​

Answers

Answer: 1 Real Root

Step by Step Explanation:
The discriminant uses the formula b^2-4ac. (^ means an exponent, b squared up above)
a=1, b =4, c=4 sub in those values into the formula.
(4)^2-4(1)(4) = 0
Since the answer is 0, the equation will have 1 real root.

Based on the figure, which statement provides enough information to conclude that line ris
perpendicular to line p?
O m/2 = 90°
O m26 = 90°
O m/1+ m26 = 90°
O m/3 + m24 = 90°

Answers

Answer:

m<6 = 90°

Step-by-step explanation:

If lines are perpendicular, the angles form by their intersection measure 90°.

Answer: m<6 = 90°

Based on the figure, correct statement provides enough information to conclude that line r is perpendicular to line p is,

⇒ m ∠6 = 90 degree

We have to given that,

Three lines r, n and p are shown in figure.

Now, We know that,

If a line is perpendicular to another line then it make a right angle in between them.

Hence, By given figure, correct statement provides enough information to conclude that line r is perpendicular to line p is,

⇒ m ∠6 = 90 degree

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A unicycle wheel makes five rotations. The unicycle travels 37.94 feet. Find the diameter of the wheel in inches. Use 3.14 for pi. Round to the nearest tenth of an inch

Answers

Answer:

Im not completely sure tho

Step-by-step explanation:

3.141529 I think so 3.14

The ________ could be used to describe a data set by itself, while ___________ would almost never be used to describe a data set by itself.
A. mean ; interquartile range
B. range ; mean
C. interquartile range ; mean
D. mean ; range

Answers

The mean could be used to describe a data set by itself, while interquartile range would almost never be used to describe a data set by itself.

What is Descriptive statistics?

These are operations which are used to summarize certain characteristics a set of data has.

Mean and range deals with the full set of data while interquartile range measures just the middle half of the data and is denoted as option A.

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Find the output, y, when the input, a, is 4.
-8-0
6
2
09
a

Answers

2 is the output but I’m not sure make sure it is right

Question 6(Multiple Choice Worth 1 points)
(01.05 LC)
Which calculation can be used to find the value of q in the equation q³ = 64?

Answers

Answer:

q = ³√64

(cube root 64 )

explanation :

we have to find the value of q but it's given q³ so to find the value of only q we send ³ to other side and it turns into cube root

for example :

like when it's q² = 64 it will be q = ²√64


19. In June, Cory begins to save money for a video game and a TV he wants to buy in Decembe
He starts with $24. Each month he plans to save 10% more than the previous month. How
much money will he have at the end of December?
O$203.74
O$177.34
O$227.69
O$185.22

Answers

The amount of money that he should have at the closing of December should be $227.69.

The correct answer choice is option C

How to find total savings?

Given that,

Starting amount = $24

And, it plans to save 10% more as compared to the last month.

The amount of money that he should have at the closing of December can be solved using the concept of geometric sequence.

First term, a = $24

Common ratio, r = 1.10

Number of terms, n = 7

So,

Sn = a1×(r^n -1)/(r -1)

S7 = 24×(1.10^7 -1)/(1.10 -1)

= (24×0.948717) / 0.10

= $227.69

The total amount Cory will have saved by the end of December is approximately $227.69

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Answer:

  (c)  $227.69

Step-by-step explanation:

The amounts Cory will be adding to his account comprise a geometric series with first term $24 and each successive term 10% more, or 1.10 times the previous term. The total amount Cory will have saved by the end of December is the sum of 7 terms of the series.

__

sum of geometric series

The sum of ...

  24 +1.10×24 +1.10²×24 +... +1.10⁶×24

is given by the formula ...

  Sn = a1×(r^n -1)/(r -1)

where a1 is the first term (24), and r is the common ratio (1.10).

formula application

For the series representing Cory's deposits, we have ...

  S7 = 24×(1.10^7 -1)/(1.10 -1) = 24×0.948717/0.10 ≈ 227.69

At the end of December, Cory will have about $227.69.

_____

Additional comment

A financial calculator or app can also tell you the value of an annuity with a 10% increase per period.

In a class of students, the following data table summarizes the gender of the students and whether they have an A in the class. What is the probability that a student is a
female given that they have an A?

Answers

The probability that a student is a female given that they have an A is; 2/7

How to find the probability?

From the given table, we see that;

Number of males that got A = 4

Number of males that did not get A = 8

Number of females that got A = 6

Number of females that did not get A = 3

The probability that a student is a female given that they have an A is;

P(Female|A) = 6/(4 + 8 + 6 + 3)

P(Female|A) = 6/21 = 2/7

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A book editor wants to check a sample of pages in a 100-page magazine for errors. Which of the following is an example of systematic random sampling? A. Pick 20 random numbers. Check pages that match. B. Check every page in the book except the last 30. C. D. Check only even page numbers.

Answers

The following is an example of systematic random: D. Check only even page numbers.

What is Systematic sampling?

Systematic sampling is a sampling method use my researcher in which the  researcher tend to choose or pick a group of people at periodical interval.

Based on the scenario give checking only even page numbers is an example of systematic random sampling.

Therefore the correct option is D.

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Chad created a table that shows the ratio of his sports game cards.

Chad’s Cards
Card Type
Outfield
Infield
Catcher
Pitchers
Quantity
3
4
1
2

Next, Chad created the graph below showing possible ratios for Pitchers cards to Infield cards in his deck. Which of the following statements are true?

On a coordinate plane, a graph titled Chad's Cards has Damage on the x-axis and Defense on the y-axis. Points (1, 2), (2, 4), (3, 6), and (4, 8) are plotted.
Chad should not have included the values (1, 2) and (3, 6) because that would mean he only had half a Catcher card.
Chad should not have included the values (1, 2) and (3, 6) because the ratio would be different for these points.
Chad should have changed the axes for the Infield and Pitchers cards so it was the same order as the table.
Chad needs to switch the order of each (x, y) value to show the decreasing values of the Pitchers cards.

Answers

The true statement for Chad graph is that:

On a coordinate plane, a graph titled Chad's Cards has Damage on the x-axis and Defense on the y-axis. Points (1, 2), (2, 4), (3, 6), and (4, 8) are plotted.

What is a coordinate plane?

A  coordinate plane is known to be a kind of  two-dimensional plane that is often created by two number lines of intersection.

Note that there is the horizontal number line known as  the x-axis and the  vertical number line also called the y-axis.

Looking at the question (Image attached), for every two offense, there is 4 defense.

So we can say that the proportion of  offense to defense is 1:2

Therefore, the correct  value or the graph is (1, 2), (2, 4), (3, 6), and (4, 8) as it doubles itself.

The true statement for Chad graph is that:

On a coordinate plane, a graph titled Chad's Cards has Damage on the x-axis and Defense on the y-axis. Points (1, 2), (2, 4), (3, 6), and (4, 8) are plotted.

Therefore, option A is correct.

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Answer: A

Step-by-step explanation: I did the test and got it right

Which of the following statements must be true about parallelogram ABCD?

Answers

D because its true answer :)

The graph of a function is f(x)=3√x.
Based on this, find:
a) F(0,75), F(9), F(7).
b) the value of x with F(x) = 3;6;7.

Answers

Answer:

F(0.75)= 3/2 sq. root 3

F(9)= 9

F(7)= 3 sq. root 7

b) x= +-1

x=+-4

x= +- 49/9

A bus company operates services to and from the East, North,South and West regions of the country. A recent report from the Operations Manager contains the following summary of their operations. "The total number of passenger journeys made on our services was 430,000. Of these, 124,000 were to and from the North, 61,000 to and from the South, and 80,000 to and from the East. Passengers used bus passes to pay for 158,000 of the total number of journeys: 43,000 on northern services, 51,000 on western services, and 35,000 on eastern services. Passengers who did not use a bus pass paid for their journeys in cash", Construct a two-way tabulation with rows for the country regions and columns for the method of payment. Work out the figures that are not quoted in the summary by using the information provided.

Answers

To find the number going to and from West is 165,000.

The number of bus passes from Southern services is 29,000.

The two-way tabulation

East------------------- 80,000

North------------------- 124,000

South------------------- 61,000

West-------------------- 165,000

Total--------------------------- 430,000

To find the number going to and from West:

80,000 + 124,000 + 61,000 + x = 430,000

265,000 + x = 430,000

x = 430,000 - 265,000

x= 165,000.

Table for the method of paymentBus Passes  

       

Northern services-------------------- 43,000

Western services-------------------- 51,000

Eastern services---------------------- 35, 000

Southern services---------------------- 29,000

Total----------------------------------------------158,000

Let x be the unknown variable,

43,000 + 51,000 + 35,000 + x = 158,000

129,000 + x = 158,000

x= 158,000 - 129, 000

x= 29,0000

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Mark transferred songs from his computer onto his portable music player. He transferred songs in minutes. How many songs did he transfer per minute?

Answers

Answer:

Need more info

Step-by-step explanation:

You're working with rates. It's relatively straight forward. Take miles per hour for instance. If you travel 60 miles in one hour, you're rate of speed is 60 miles per hour.

You haven't given any data in this example but the idea is the same. Let's say he transferred 10 songs in 5 minutes. That's means his rate is 10 songs per 5 minutes. You can change that to a fraction so it's easier to understand:

[tex]\frac{10 songs}{5minutes}[/tex]

Now just reduce the fraction and it becomes

[tex]\frac{2 songs}{1 minute}[/tex]

Also known as 2 songs per minute

The Code of Conduct ____________ for military members when isolated or held against their will by entities hostile to the U.S.

Answers

The Code of Conduct is a moral guide for military members when isolated or held against their will by entities hostile to the U.S.

What is a code of conduct?

A code of conduct is a set of laid down rules that sets the standard for behavior under specific circumstances.

Hence, the Code of Conduct is a moral guide for military members when isolated or held against their will by entities hostile to the U.S.

Missing parts;

The Code of Conduct is a ____________ for military members when isolated or held against their will by entities hostile to the U.S. moral guide recommended procedure mandatory directive direct order

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Answer me pleaseeee. What is 3*3*3*3*3*3*3*3*8*8*0*8*8*9*8*6? Gk test​

Answers

Answer:

0

Step-by-step explanation:

Since we're multiplying by 0, the entire product becomes 0.

Answer:

it's 0.

Step-by-step explanation:

3*3*3*3*3*3*3*3*8*8*0*8*8*9*8*6

= 0

there is a zero hidden . so it's zero.

help pls!!1!1!1!1!1!1!1!!1!1!1!1

Answers

boys - high ropes course
girls - white water rafting

hope this helps!!

Answer:

a) high ropes course

b) white water rafting

Step-by-step explanation:

Ivan bought a $1000 bond with a 4.5% coupon that matures in 30 years. What
are Ivan's annual earnings for this bond?
A. $45.00
B. $25.00
C. $4.50
D. $22.50

Answers

Ivan's annual earnings for this bond is $45.00

What is a bond?

A bond is a pledge, made by a borrower to pay a loan taken back to the lender with an interest.

Ivan's annual interest earning would be :

= $1,000 x 4.5 %

= $45 per year

Hence, Ivan's annual earnings for this bond is $45.00

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Two corresponding sides of two similar triangles are 3 cm and 5 cm. The area of the first triangle is 12 cm. What is the area of the second triangle?

Answers

Since the are of the first triangle is 12 cm², the area of the second triangle is 33.33 cm².

To answer the question, we need to know what similar triangles are

What are similar triangles?

Similar triangles are triangles in which the ratio of their corresponding sides is constant.

Given that the corresponding sides of the two similar triangles are 3 cm and 5 cm respectively. Also, the area of the first triangle is 12 cm². We need to find the area of the second triangle.

Area of second triangle

Since the triangles are similar, we have that

(side of second triangle/side of first triangle)² = Area of second triangle/Area of first triangle

Area of second triangle = (side of second triangle/side of first triangle)² × Area of first triangle

= (5 cm/3 cm)² × 12 cm²

= 25/9 × 12 cm²

= 25/3 × 4 cm²

= 100 cm²/3

= 33.33 cm²

So, the area of the second triangle is 33.33 cm².

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Choose the answer.
Use the net to determine the total surface area.

Answers

square surface area - 6x6 = 36
triangle = 1/2x4x6 = 12
4 tris = 12x4 = 48

total surface area = 48 + 36 = 84

answer : 84cm^2

Answer:76cm³

Step-by-step explanation:

5x4÷2=10cm²

10cm²x4=40cm²

6²=36cm²

40+36=76cm³

PLease help me solve this

Answers

Answer: 729

Step-by-step explanation:

[tex]\frac{1}{3^{-2} * 3^{-4} * (-1)^{2} }[/tex]

3^-2 = 1/9

3^-4 = 1/81

(-1)^2 = 1

1/(1/9 * 1/81 * 1)

1/ 1/729 = 729

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Imagine that you own a trendy new restaurant downtown (in your city). You serve modern American cuisine in a fun and moderately casual environment. What would your dress code be for all staffwaitstaff, hosts, managers, etc.? Identify and describe the dress code that you would enforce in your restaurant for staff. Why would you choose this dress code? Would you have a dress code for patrons? Explain. Let R be the region in the first quadrant enclosed by the graph y=(square root(6x+4)), the line y=2x, and the y-axis. . . .Set up but do not integrate an integral,expression in terms of a single variable for the volume of the solid generated when R is revolved about the y axis The radius of a single atom of a generic element X is 169 picometers (pm) and a crystal of X has a unit cell that is body-centered cubic. Calculate the volume of the unit cell. In contract law, the term consideration refers to the serious thought that underlies a party's intent to enter into a contract.True or False? Select the correct MLA citation format for a full novel."The Giver"The GiverThe GiverThe Giver Copyright law contains an exception known as ______, which provides for a limited set of circumstances where others can use portions of copyrighted material without first obtaining permission. Select the your answer, then click Done. Are there conditions under which the incident light ray undergoes reflection but not transmission at the boundary? if so, then what are those conditions? Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds? A 140.05g sample of NiSO4 . XH2O is heated until there is no further decrease in the mass. The mass of the anhydrous salt is 77.5g. What is the value of X? Write the slope intercept form of each equation of the line. Use a fraction for slope if needed. Parallel to y=3/4x, through (4, -1) Which equation represents a line that is parallel to the line that passes through the points (6,9) and (7,17)? What was a result of the U.S. government setting up new governments in the South during Reconstruction?Southern states set up public school systems.Southern States made it illegal for the Ku Klux Klan to exist.Southern states got rid of the sharecropper system.Southern states banned carpetbaggers. Questions Meet a person who is living for away from family for long time. Ask questions about her feelings about homesickness. PLEASE HELP!!! find the area of the shaded triangle Which of the following solutions to the inequality -7x+14>-3x -6? Select all that apply-1010-55-330 Reword this sentence:Dogs are better than cats because theyre easily smarter. what was the result of interactions between Africans and Europeans Which criterion is the author using in her evaluation? How could the introduction of a nonnative species of plant affect an ecosystem in north carolina? Triangle ABC is an isosceles right triangle. What is the measure of one base angle?