A trial balance before adjustments included the following: Debit Credit Sales $1650000 Sales returns and allowance $54000 Accounts receivable 167000 Allowance for doubtful accounts 2600 If the estimate of uncollectibles accounts is made by taking 8% of gross account receivables, the amount of the adjustmentGive journal entries assuming that the estimate of uncollectibles is determined by taking(1) 6% of gross accounts receivable
(2) 1% of net sales.

How do primary and secondary industries differ

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?