8-Accounts receivable has a debit balance of $2200, and the allowance for uncollectible accounts has a credit

Fantastic news! We've Found the answer you've been seeking!

Question:

8-Accounts receivable has a debit balance of $2200, and the allowance for uncollectible accounts has a credit balance of $600. A $70 account receivable is written off. What is the amount of net receivables/net realizable value after the write off?

Posted Date: May 18, 2024 10:03 AM

See More Questions

A trait determined by an X-linked dominant allele shows 100 percent penetrance and is expressed in 36 percent of the females in a population. Assuming that the population is in HardyWeinberg...
Once a project is accepted, country risk analysis for the foreign country involved is no longer necessary, assuming that no other proposed projects are being evaluated for that country. Do you agree...
Comment on the following items relative to tax planning strategies of a fiduciary entity. a. To reduce taxes for a typical family, should income be shifted to a trust or from a trust? Why? b. From a...
The Forensic Accounting Box of this chapter noted that forensic accounting techniques are being used to help pick stocks for investing. How might identifying accounting concerns be useful for...
The total owners equity is usually under a number of subcaptions on the corporations balance sheet. Required: a. List the major subdivisions of the stockholders equity section of a corporate balance...
Here is a short informational video discussing Federalism. I like the Crash Course videos and Craig Benzine keeps it interesting. Enjoy! https://youtu.be/J0gosGXSgsI...
Rune Inc. is a company with 50 million shares, trading at $40/share, and $500 million in debt outstanding. The company has a beta of 1.44 and a pre-tax cost of debt of 5%. The company is planning to...
4,500 Cash 9) Following are the transactions of Planning Services Company. Prepare General Journal Entries and a Trial Balance T. James, owner, invested $21,000 cash in Planning Services Company in...
After applying a brake, a vehicle comes to a stop in 40 m. If the initial velocity 20 m/s, determine the acceleration (in )
The labor force grows at 7% and capital stock grows at 8%. Suppose .37% of national income goes to labor and (1-.37)% goes to capital. The growth rate of the output is 21%. What is the productivity...
A local store that has some employees. The wages earned by employees for September total 1 5 0 , 0 0 0 . The Social Security tax rate is 6 . 2 % the medicare tax rate is 1 . 4 5 % , and the...
A hoop of radius 3.05 m has a mass of 145 kg. The hoop rolls without slipping along a horizontal plane. If the center of mass of the hoop has a speed of 0.305 m/s, the work required to bring the hoop...
The 10 points that can provide insight into the purpose of this department (kitchen) are: Serving Quality and Affordable Foods Ensuring Atmosphere and Ambience of restaurant is up to high standard...
How much more interest will be earned if $5000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly?
Explain how each of the following security procedures can increase system reliability: 1 Encryption 2 Employee security awareness training 3 Eirewalls 4 IDS 5 VPNs
Modifying default configurations to improve security is called a. encryption hardening b. patching dialing c. hardening d. war dialing
Which of the following is an authorization control? a. fingerprint reader c. encryption b. compatibility test d. log analysis

8-Accounts receivable has a debit balance of $2200, and the allowance for uncollectible accounts has a credit

Question:

Expert Answer:

Students also viewed these accounting questions