Allen Company uses the percentofsales method for estimating bad debts expense. The company's bad debt expense is normally 1% of net credit sales which were 360000 for the year. During the year 500 was written off. The Allowance for Bad Debts account had a beginning credit balance of 1500 . What is the net realizable value of receivables if Accounts Receivable has a balance of 150000?

1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment