The following aging information pertains to Jacobsen Co.'s accounts receivable at December 31, 2021: Days Outstanding Amount Estimated % Uncollectible 0-30 $ 431,000 3 % 31-60 151,000 4 % 61-120 111,000 9 % Over 120 131,000 18 % During 2021, Jacobsen wrote off $19,100 in receivables and recovered $7,100 that had been written off in prior years. Jacobsen's December 31, 2020, allowance for uncollectible accounts was $45,500. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021
Answers: 3
Business, 22.06.2019 09:40
Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?
Answers: 2
Business, 22.06.2019 10:40
Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
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Business, 22.06.2019 19:50
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
Business, 22.06.2019 20:30
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
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The following aging information pertains to Jacobsen Co.'s accounts receivable at December 31, 2021:...
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