Blain company has $10,000 of accounts receivable that are current, $3,000 that are between 30 and 60 days past due, and $800 that are more than 60 days past due. blain estimates that 2% of the receivables that are current will be uncollectible, 10% of those between 1 and 60 days past due will be uncollectible, and 50% of those more than 60 days past due will be uncollectible. just prior to recognizing uncollectible accounts expense, blain’s allowance for doubtful accounts account has a $100 positive (credit) balance. assuming blain uses the aging method to estimate uncollectible accounts expense, the amount of uncollectible expense will be
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Overspeculation and a decrease in consumer confidence are both leading factors of: ?
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Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
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Blain company has $10,000 of accounts receivable that are current, $3,000 that are between 30 and 60...
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