returns and allowances‚ $30‚000 Gross profit‚ $490‚000 Accounts receivable‚ $110‚000 Sales discounts‚ $14‚000 Allowance for doubtful accounts credit balance‚ $1‚200 How much is bad debt expense assuming that 5% of accounts receivable is estimated to be uncollectible? A. $5‚500 B. $6‚700 C. $4‚240 D. $4‚300 Answer: Bad debt expense ($4‚300) = 5% of accounts of accounts receivable (5% $110‚000) - allowance for doubtful accounts credit balance ($1‚200). 3) Which of the following journal
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Free Will and Determinism Both Steven Cahn and W.T. Stace have written essays concerning the compatibility of Free Will and/or Determinism. However‚ they have opposing views on the subject‚ whereas Cahn believes free will and determinism are incompatible and Stace believes that they are. Free will can be defined as one’s ability or power to freely make choices that are unconstrained by external circumstances or by an agency such as fate. On the other hand‚ Determinism can be defined as the‚ “philosophical
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Accounts Receivable Turnover = Net Sales/Average Net Account Receivables Accounts receivable turnover ratio measures the effectiveness of a company in extending credit and collecting debts. It is an activity ratio that measures how efficiently a firm uses its assets. Year ABC DEF GHI Industry Average 2012 31‚ 053/988 = 31.43 16‚842/1‚282.5 = 13.13 5‚160/618 = 8.35 17.64 2013 32‚722/1‚042 = 31.4 18‚657/937 = 19.91 5‚858/494 = 11.86 21.06 In this table you see the accounts receivable turnovers from
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The Anti-Federalist viewpoint is valid‚ and should be considered seriously. Their ideas on federalism and the Constitution were similar to the Federalists‚ but the Anti-Federalists wanted to add more precautions to the Constitution‚ and were especially careful about preventing tyranny from happening within the states. The Anti-Federalists were focussed on individual rights‚ and wanted the states to have a high power in the government. Each state at the time was vital for the growth of the United
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In William Shakespeare’s Hamlet‚ the main character‚ Hamlet‚ can be considered an Anti-hero. An Anti-hero is best described as the protagonist of a story who does not maintain all of the same qualities that a conventional hero would. For example‚ an Anti-hero can be rude‚ violent‚ and motivated only by their own needs‚ as well as lacking heroic qualities such as courage‚ nobility‚ and fortitude. A good Anti-hero will also draw sympathy from the audience/reader‚ as is the case with Hamlet. Throughout
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D.A.V PUBLIC SCHOOL HAZARIBAG ANTI-TOBACCO & NO-SMOKING AWARENESS PROGRAMME Date- 23/6/2013 The Effects Of Smoking And Chewing Tobacco On Your Mouth — They Will Take Your Smile! * It’s easy to take action for good dental health with a visit to your dental health care provider for a checkup and oral cancer screening. Dental Hygiene Month in October offers a perfect time to learn more about oral health and to get going to make it happen. * You’re about to have the smile wiped off your
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one period of time. | | | |b. estimates should not be made if a transaction affects more than| | | |one time period. | | | |c. adjustments to the enterprise ’s accounts can only be made in | | | |the time period when the business terminates its operations. | | | |d. the economic life of a business can be divided into artificial | | | |time periods.
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Women’s Anti-Aging Products The first ant-aging product for women that I researched was OLAY Total Effects 7-In-1 Anti-Aging Moisturizer Mature Skin Therapy. The product weights 1.07 oz and can be purchased at CVS for $18.99. The target audience of this product is a woman who is currently undergoing menopause because‚ according to the package‚ during this process skin ages twice its normal rate. Hence its name‚ the product offers 7 services; line minimization‚ intense moisture‚ skin tone enhancement
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needs to improve some of the internal controls over its revenue cycle procedures. Existence or Occurrence From Bradmark’s data files on sales invoices‚ cash receipts and list of customers‚ the ACL software was used to compute and determine the Accounts Receivable balances of customers in the books. January 20‚ 2005 United City 920 4 th Street Bridgewater‚ New Jersey 8807 Dear Sir/Madam‚ In connection with an examination of our financial statements by Ross & Specter Co.‚ Certified Public
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Name Institution Ethnic and Cultural Diversity in Canada Question #1 The chief aim of this paper is to contrast and compare anti-Semitism in Canada – predominantly modern Canada – with different forms of racism. For instance‚ the most popular practice of anti-Semitism in Canada is Zionism and nationalism. Most considerations of anti-Semitism in Canada and of the Jewish community more usually‚ have taken place separately from typical writing on “race” ‚ culture and origin – that
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