At the close of its first year of operations, December 31, 2020, Sheridan Company had accounts receivable of $1590000, after deducting the related allowance for doubtful accounts. During 2020, the company had charges to bad debt expense of $260000 and wrote off, as uncollectible, accounts receivable of $123000. What should the company report on its balance sheet at December 31, 2020, as accounts receivable before the allowance for doubtful accounts

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.