Mathematics, 16.10.2020 19:01 gaby6951
During 2021, its first year of operations, Pave Construction provides services on account of $156,000. By the end of 2021, cash collections on these accounts total $108,000. Pave estimates that 20% of the uncollected accounts will be uncollectible. In 2022, the company writes off uncollectible accounts of $8,640.
1. Record the adjusting entry for Uncollectible Accounts.
2. Record the write-off of accounts receivable in 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
3. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022).
4. Assume the same facts as above but assume actual write-offs in 2022 were $12,960. Record the write-off of accounts receivable in 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
5. Assume the same facts as above but assume actual write-offs in 2022 were $12,960. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022 (before adjustment in 2022).
6.
Answers: 3
Mathematics, 21.06.2019 21:30
What does independent variable and dependent variable mean in math?
Answers: 2
Mathematics, 21.06.2019 21:40
The point a is at –2 and the point b is at 7. marissa would like to divide this line segment in a 4: 3 ratio, and she would like to use the formula x = (x2 – x1) + x1. what values should she substitute into the formula? a = a + b = x1 = x2 =
Answers: 2
Mathematics, 21.06.2019 23:00
If i purchase a product for $79.99 and two accessories for 9.99 and 7.00 how much will i owe after taxes applies 8.75%
Answers: 2
Mathematics, 21.06.2019 23:30
Sally deposited money into a savings account paying 4% simple interest per year.the first year,she earn $75 in interest.how much interest will she earn during the following year?
Answers: 1
During 2021, its first year of operations, Pave Construction provides services on account of $156,00...
Advanced Placement (AP), 07.01.2021 02:40
Mathematics, 07.01.2021 02:40
Mathematics, 07.01.2021 02:40
History, 07.01.2021 02:40
Law, 07.01.2021 02:40
Health, 07.01.2021 02:40
English, 07.01.2021 02:40
Mathematics, 07.01.2021 02:40