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As of December 31, 2015, Gill Co. reported accounts receivable of $233,000 and an allowance for uncollectible accounts of $8,900. During 2016, accounts receivable increased by $22,100 , and $7,550 of bad debts were written off. An analysis of Gill Co.'s December 31, 2016, accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. Bad debt expense for 2016 would be:
a) None of these answer choices are correct.b) $7,653.c) $6,303.d) $7,550.
corporation reported net income of 75000 net sales 750000 and weighted average shares outstanding of 7500. there were
What total value should Patterson assign to its Soriano acquisition in its January 1 consolidated balance sheet?
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What do you believe are the strengths and weaknesses of the techniques (technology), methods, and definitions of ABA as described by Baer, Wolfe, and Risely? Note: the authors interchange the terms "analytic behavior application" and "applied beha..
the e.n.d. partnership has the following capital balances as of the end of the current
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Compute ROI, using net book value for each year. Compute ROI, using gross book value for each year.
anthony company uses a perpetual inventory system. it entered into the following purchases and sales transactions for
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