Journalize the following transactions using the allowance method of accounting for uncollectible receivables. april 1 sold merchandise on account to jim dobbs, $7,200. the cost of the merchandise is $5,400.june 10 received payment for one-third of the receivable from jim dobbs and wrote off the remainder. oct. 11 reinstated the account of jim dobbs and received cash in full payment.9. journalize the following transactions using the direct write-off method of accounting for uncollectible receivables. april 1 sold merchandise on account to jim dobbs, $7,200. the cost of the merchandise is $5,400.june 10 received payment for one-third of the receivable from jim dobbs and wrote off the remainder. oct. 11 reinstated the account of jim dobbs for and received cash in full payment.10. journalize the following transactions using the direct write-off method of accounting for uncollectible receivables: feb 20 received $1,000 from andrew warren and wrote off the remainder owed of $4,000 as uncollectible. may 10 reinstated the account of andrew warren and received $4,000 cash in full payment.

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

On july 1, 2016, killearn company acquired 103,000 of the outstanding shares of shaun company for $21 per share. this acquisition gave killearn a 40 percent ownership of shaun and allowed killearn to significantly influence the investee's decisions. as of july 1, 2016, the investee had assets with a book value of $6 million and liabilities of $1,468,500. at the time, shaun held equipment appraised at $140,000 above book value; it was considered to have a seven-year remaining life with no salvage value. shaun also held a copyright with a five-year remaining life on its books that was undervalued by $562,500. any remaining excess cost was attributable to goodwill. depreciation and amortization are computed using the straight-line method. killearn applies the equity method for its investment in shaun. shaun's policy is to declare and pay a $1 per share cash dividend every april 1 and october 1. shaun's income, earned evenly throughout each year, was $580,000 in 2016, $606,600 in 2017, and $649,200 in 2018. in addition, killearn sold inventory costing $93,000 to shaun for $155,000 during 2017. shaun resold $97,500 of this inventory during 2017 and the remaining $57,500 during 2018.a. determine the equity income to be recognized by killearn during each of these years. 2016 2017 2018b. compute killearn’s investment in shaun company’s balance as of december 31, 2018.

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.