Customer Service Chat
Get quote & make Payment
Aging Approach., Accounting Basics
At the end of 2011 Samuda reported a balance in Account receivable of $620,000 and estimated that $12,400 of this account would likely be uncollectible. The allowance for doubtful accounts has a $1,500 debit balance at year end;
1.What amount of bad debt expense should be recorded for 2011?
2.What amount will be reported on the 2011 balance sheet for accounts receivables?
Posted Date: 9/7/2012 10:28:55 PM | Location : United States
Ask an Expert
Aging Approach., Assignment Help, Ask Question on Aging Approach., Get Answer, Expert's Help, Aging Approach. Discussions
Write discussion on Aging Approach.
Your posts are moderated
Write your message here..
What do you mean by overhead, Q. What do you mean by Overhead? Overhead...
Q. What do you mean by Overhead? Overhead -- a cost that doesn't vary with the level of production or sales and generally a costnot directly involved with sales or production.
Explain the term - federal income tax, Federal income tax Except specif...
Federal income tax Except specifically exempted, all income (illegal and legal) is subject to personal income tax. Withholding depends on 1) employee's gross earnings, 2) emplo
Completing the accounting cycle, Q. Completing the accounting cycle? Su...
Q. Completing the accounting cycle? Subsequent to studying this chapter you should be able to - Recapitulate the steps in the accounting cycle. - Organize a work sheet fo
Cost sheet-orientation, Cost sheet is sheet Where all the cost should be re...
Cost sheet is sheet Where all the cost should be recorded which related to the produc.
Uses of technology in accounting, Q. Uses of technology in accounting? ...
Q. Uses of technology in accounting? The computers of persons in a given building or department are frequently connected in a Local Area Network (LAN). These persons are able t
What is evaluated receipt settlement, ERS is a business process among tradi...
ERS is a business process among trading partners that conduct commerce without invoices. In an ERS transaction the supplier ships goods based upon an Advance Shipping Notice (ASN)
Illustrate unearned service fees, Q. Illustrate unearned service fees? ...
Q. Illustrate unearned service fees? Micro Train reports the service income in its income statement for 2010. The company enters the USD 3000 balance in the Unearned Service Fe
Difference of fund flow statement and cash flow statement, Fund flow deals ...
Fund flow deals with transaction within financial year (One year) while Cash flow Statement record only the cash transaction.
Inter company transaction in account receivable, How to define Inter compan...
How to define Inter company Transaction in Account Receivable? Ans) Intercompany transactions are those transactions that takes place among two or more entities of the similar g
Show tax benefits of lifo, Q. Show Tax benefits of LIFO? Tax benefits o...
Q. Show Tax benefits of LIFO? Tax benefits of LIFO The LIFO method outcomes in the lowest taxable income and thus the lowest income taxes when prices are rising. The Internal R
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.