$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 entries correctly
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exact replica of what is in front of it. Reflection in professional practice gives back not what it is‚ but what might be‚ an improvement on the original " Biggs (1999). Reflective practice‚ in this context‚ is not about just looking at myself in a mirror and accepting what I see blindly‚ without any question or evaluation. Rather‚ it is about looking at what I have learned and how I can utilise that learning in my teaching practice. In this essay‚ I aim to only discuss what I have been taught and
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HOSPITAL BILLING SYSTEM [pic] TASKS 1. Create Patient and Patient Account tables. Please bear in mind that you will be additionally tested for deciding on sensible data types and field sizes. (Assuming that all other tables are already created). 2. (a) Create a sequence for Patient’s ID which should start from 1000‚ should increase in steps of 1‚ and should not exceed the value 99999. (b) Insert a sensible record in Patient’s table by using the sequence created in (a) within
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IRAC Brief Law/531 Facts of the Case According to United States District Court District of Massachusetts Civil Action 11-10313-GAO (2013)‚ Anderson‚ Silva‚ Johnson and Funches contracted through a limited liability company by the name of SLS to perform delivery services work on behalf of HDA (United States District Court District of Massachusetts‚ 2013). Plaintiffs Case Each driver was provided with their truck Trucks provided to the contractors bore Sears Logo Uniforms bore both Sears and
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National University of Singapore NUS Business School Department of Accounting ACC1002X Financial Accounting Syllabus Course: Financial Accounting (ACC1002X) Semester 1 of Academic Year 2012/2013 Section 1: Friday 10:00am – 12:00pm Section 2: Friday 2:00pm – 4:00pm Semester: Lecture Time: Lecture Venue: BIZ2 Lecture Theater 16 Teaching Team: Name Dr. Aimee SHIH Dr. MA Guang Belinda LEE Andrea LOW Philip TOH Role Lecturer (Coordinator) and Tutor
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* INTRODUCTION TO DEMAT ACCOUNT: * EVOLUTION OF DEMAT ACCOUNT: The term "demat"‚ in India‚ refers to a dematerialised account for individual Indian citizens to trade in listed stocks or debentures in electronic form rather than paper‚ as required for investors by the Securities and Exchange Board of India (SEBI). In a demat account‚ shares and securities are held electronically instead of the investor taking physical possession of certificates. A demat account is opened by the investor
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Motivational factors which affect an individual to volunteer at local/major sporting events DISCLAIMER: At the Service Industry Project Scheme (SIPS) subject is undertaken by a final year student from the University of Canberra‚ as part of their undergraduate degree. No liability will be accepted by the student‚ the staff or the university‚ for any outcomes based on the findings of the student’s study. All information is subject to commercial confidentiality and there many be no use of any
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Unit 51 Outcome 4 Question 3 Describe the potential tension between maintaining an individual’s confidentiality and disclosing concerns. • Where abuse of a child or young person is suspected All settings should have a designated person to deal with child protection issues. If you have concerns that a child is being abused it is our job to disclose this information to the designated/manager of the setting unless you think by disclosing the information will put the child/young person in further
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The Pelican Brief starts with the assassination of two different Supreme Court Justices. Liberal Justice Rosenberg is killed at home‚ while the conservative Justice Jenson is killed inside an explicit theater. The circumstances surrounding their deaths and the deaths themselves shock politically split nation. Darby Shaw‚ a law student‚ decides to investigate the two justices’ records and pending cases. She writes a report guessing Victor Mattiece‚ an oil tycoon wanting to drill for oil on Louisiana
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REPORT ON ACCOUNT RECEIVABLE MANAGEMENT TATA STEEL Prepared by www.AssignmentPoint.com Date: 21-05-202 EXECUTIVE SUMMARY The project deals in “account receivable management at Tata Steel”. Receivable management is one of the most important aspects of the organization‚ as it deals with the management of the outstanding. The profit of the company mainly depends on the accounts receivables. Therefore it needs a careful analysis and proper management. Debtors occupy an important
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