Borke Company has a credit balance of $3,000 in Allowance for Doubtful Accounts. The estimated bad debt
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
The adjusting entry under the percentageofsales basi...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Accounting questions
-
Borke Company has a credit balance of $3,200 in Allowance for Doubtful Accounts. The estimated bad debt expense under the percentage-of-sales basis is $3,700. The total estimated uncollectibles under...
-
From inception of operations to December 31, 2017, Headland Corporation provided for uncollectible accounts receivable under the allowance method. The provisions are recorded, based on analyses of...
-
Borke Ltd. has a credit balance of NT$320,000 in Allowance for Doubtful Accounts. The estimated bad debt expense under the percentage-of-sales basis is NT$370,000. The total estimated un-collectibles...
-
Mike is a salesperson in a retail carpet store. He is paid $500 base salary per month plus 5% commission on sales over $10,000. His sales this month were $23,750. His total deductions were $152.75....
-
Laser atomic fluorescence excitation and emission spectra of sodium in an air-acetylene flame are shown here. In the excitation spectrum, the laser (bandwidth 0.03 nm) was scanned through various...
-
The Internet provides a wealth of information concerning long-term liabilities, bond financing, types of bonds, unique features of bonds. Instructions Search the Internet and learn about the...
-
Briefly explain the main differences among hierarchical, network, and relational databases.
-
Payback Period and Net Present Value If a project with conventional cash flows has a payback period less than the projects life, can you definitively state the algebraic sign of the NPV? Why or why...
-
How is General Electric case using analytics for process improvement?
-
Joe Roberts, 22 years old, is the star of the State University basketball team. He will likely be selected in the first round of the NBA draft. Needless to say, Joe is being wined and dined by...
-
McBride Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts have normal debit and credit...
-
The accounts receivable turnover is 8.14, and average net receivables during the period are $400,000. What is the amount of net credit sales for the period?
-
Suggest six non-financial performance measures for a company which offers contract gardening services to companies which have landscaped sites surrounding their offices. Give reasons for your choice.
-
Approximate the Sun as a uniform sphere of radius \(6.96 \times 10^{8} \mathrm{~m}\), rotating about its central axis with a period of 25. 4 days. If, at the end of its life, the Sun collapses inward...
-
A child rides her bike five blocks east and then three blocks north. It takes her \(15 \mathrm{~min}\), and each block is \(160 \mathrm{~m}\) long. What are \((a)\) the magnitude of her displacement,...
-
The spacecraft in the movie 2001: A Space Odyssey has a rotating cylinder to create the illusion of gravity, inside of which the crew walks and exercises. While watching this old movie, you realize...
-
Translate the position function \(\vec{r}(t)=A \cos (\omega t) \hat{t}+\) \(A \sin (\omega t) \hat{\jmath}\) into polar coordinates, where \(A\) and \(\omega\) are constants.
-
Suppose the expression for centripetal acceleration is of the form \(a_{c}=v^{p} r^{q}\), where \(p\) and \(q\) are constants. By analyzing the units in this expression, determine the numerical...
-
Obtain the equivalent resistance of (a) Two 60.0- resistors in parallel and (b) Three 60.0- resistors in parallel.
-
The senior management at Davis Watercraft would like to determine if it is possible to improve firm profitability by changing their existing product mix. Currently, the product mix is determined by...
-
Determine the practical line loadability in MW and in per-unit of SIL for the line in Problem 5.14 if the line length is (a) \(200 \mathrm{~km}\) or (b) \(600 \mathrm{~km}\). Assume...
-
What might explain the fact that different accounting standard-setters have developed accounting standards that are sometimes quite different in nature?
-
What might explain the fact that different accounting standard-setters have developed accounting standards that are sometimes quite different in nature?
-
Discuss the potential advantages and disadvantages that countries outside the United States should consider before adopting regulations, such as those in the Sarbanes-Oxley Act, that increase...
-
A company's 2022 net sales are $80,187. The previous fiscal year, net sales were $76,118. What would the sales be for a 24 month pro forma projection? Show your work and explain how you arrived at...
-
ABC's stock price is $90. The stock price will either increase 10% or decrease 8% in the first month. If the price increases in the first month, it will go up by $12 or down by $15 in the second...
-
MyCarCorp produces car parts and is considering opening a new factory in Russia (assume now is beginning of 2002 and the factory would open in 2003). Factory will re- quire an initial investment of...
Study smarter with the SolutionInn App