subject
Business, 26.07.2019 02:20 CAPEPOPPA

During 2017, vlad company has credit sales of $100,000. on december 31, 2017 vlad has a balance in accounts receivables of $45,000. vlad estimates that 3% of credit sales will be uncollectable. what is the adjusting journal entry that vlad should make based on this information? debit bad debt expense $45,000; credit allowance for doubtful accounts $45,000 debit bad debt expense $3,000; credit allowance for doubtful accounts $3,000 debit allowance for doubtful accounts $1,350; credit bad debt expense $1,350 debit bad debt expense $3,000; credit accounts receivable $3,000 3 points question 2

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
question
Business, 22.06.2019 09:30
Which of these is not a result of regular exercise
Answers: 1
question
Business, 22.06.2019 09:30
What are two benefits of consumer programs
Answers: 2
question
Business, 22.06.2019 16:20
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
You know the right answer?
During 2017, vlad company has credit sales of $100,000. on december 31, 2017 vlad has a balance in a...
Questions
question
Mathematics, 29.10.2020 21:50
question
Social Studies, 29.10.2020 21:50
question
Mathematics, 29.10.2020 21:50
Questions on the website: 13722367