![subject](/tpl/images/cats/ekonomika.png)
Leo Co. uses the allowance method to account for bad debts. At the end of 2010, Leo Co.'s accounts receivable balance is $25,000; allowance for doubtful accounts balance of $100 (credit); and sales of $500,000. Based on history, Leo estimates that bad debts will be 2% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
a.$500
b.$10,000
c.$600
d.$9,900
e.$10,100
f. $400
![ansver](/tpl/images/cats/User.png)
Answers: 1
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 21:30
Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
You know the right answer?
Leo Co. uses the allowance method to account for bad debts. At the end of 2010, Leo Co.'s accounts r...
Questions
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 01.10.2019 23:30
![question](/tpl/images/cats/mat.png)
Mathematics, 01.10.2019 23:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/istoriya.png)
History, 01.10.2019 23:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/biologiya.png)
Biology, 01.10.2019 23:30
![question](/tpl/images/cats/mat.png)
Mathematics, 01.10.2019 23:30
![question](/tpl/images/cats/obshestvoznanie.png)
![question](/tpl/images/cats/geografiya.png)
Geography, 01.10.2019 23:30
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/en.png)
English, 01.10.2019 23:30
![question](/tpl/images/cats/biologiya.png)
Biology, 01.10.2019 23:30
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
English, 01.10.2019 23:30
![question](/tpl/images/cats/geografiya.png)
Geography, 01.10.2019 23:30
![question](/tpl/images/cats/en.png)
English, 01.10.2019 23:30
![question](/tpl/images/cats/istoriya.png)
History, 01.10.2019 23:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 01.10.2019 23:30