# ** accounts receivable 575,000 allowance for DA 7500 B. Dec 31, 2015 the company estimated bad...

###### Question:

** accounts receivable 575,000
allowance for DA 7500
B. Dec 31, 2015 the company estimated bad debts as 3% of Account Receivable. Feb 15, 2016, the company determined that it can not collect $15,000 of its account receivable from customer Aldo April 1, 2016, the company received the payment$15,000 from Customer Aldo Account Title Debit Credit Date De 31 Feb 15 Oven TTTT
At December 31, 2015, Ingleton Company reports the following results for the year Cash sales Credit sales ... $1.025.000 1,342,000 In addition, its unadjusted trial balance includes the following items: Accounts receivable. Allowance for doubtful accounts.$575,000 debit 7.500 credit

#### Similar Solved Questions

##### (1 point) Your friend Bailey says that the functions f(x) and g(x) given below are inverses...
(1 point) Your friend Bailey says that the functions f(x) and g(x) given below are inverses of each other. Do you agree or disagree with her. and what is(are) your reason(s)? Mark all options that apply. (a) f(x) = x - 8,8(x) = Vx+8 A. Disagree because f(x) - g(x) 0 B. Agree because f includes cube...
##### In space below, explain in what direction the ions of Ya^ + * K^ + ,...
In space below, explain in what direction the ions of Ya^ + * K^ + , CI , P,Ca^ 2+ move and denote in which section(s) of the kidney tubules this movement occurs. Be sure to tell if the movement is active or passive (3p / s)...
##### MATLAB, please provide matlab script Problem For the equation 2x” +3x' +5x=2t, write the following equation...
MATLAB, please provide matlab script Problem For the equation 2x” +3x' +5x=2t, write the following equation in the form X'=Ax+Bu where X1=X X2=X'...
##### Which of the following transactions will not affect a corporation's retained earnings? stock repurchase increase dividend...
Which of the following transactions will not affect a corporation's retained earnings? stock repurchase increase dividend payments stock dividend cut dividend payments...
##### Differentiate the differences between descriptive, experimental, case-control, cross-sectional, ecological, and cohort-studies in relationship to epidemiological studies....
Differentiate the differences between descriptive, experimental, case-control, cross-sectional, ecological, and cohort-studies in relationship to epidemiological studies. How would you choose the correct study? Please use at least 300 words to support your answer....
##### We were unable to transcribe this imageIt takes 880 J to raise the temperature of 350...
We were unable to transcribe this imageIt takes 880 J to raise the temperature of 350 g of lead from 0°C to 20.0°C. What is the specific heat of lead? kJ/(kg.K) A heating coil inside an electric kettle delivers 4.80 KW of electric power to the water in the kettle. How long will it take to ra...
##### The vagus nerve travels with the common carotids through the thoracic inlet, passes anterior to the...
The vagus nerve travels with the common carotids through the thoracic inlet, passes anterior to the root of the lung, along the outer surface of the pericardium, and into the diaphragm. O O True False...
##### Hum WUER 9. roue ang mesr Circuit Analysis, and Equivalent circuits P 2.84 Consider the circuit...
hum WUER 9. roue ang mesr Circuit Analysis, and Equivalent circuits P 2.84 Consider the circuit shown in (Figure 1). Suppose that R = 542 Reset Help a dependent voltage The Thevenin equivalent circuit consists of source with a resistance a dependent current Figure The Norton equivalent circuit consi...
##### (Measuring growth) Given that a firm's return on equity is 24 percent and management plans to...
(Measuring growth) Given that a firm's return on equity is 24 percent and management plans to retain 42 percent of earnings for investment purposes, what will be the firm's growth rate? If the firm decides to increase its retention rate, what will happen to the value of its common stock? a. ...
Please how to analysis the below answer. ) CONTRIBUTION MARGIN Formula SALE PRICE PER UNIT - VARIABLE COST PER UNIT , SALE PRICE $175 - VARIABLE COST ( i.e fuel Cost ) 100 =$ 75 THUS , CONTRIBUTION MARGIN IS $75 OF YEAR 1 NOW CONTRIBUTION MARGIN FOR YEAR TWO IS Here it is written that in year 2 S... 1 answer ##### RESPOND ($  Throughout this discussion, we will discuss the balance between safety/liquidity and the...
RESPOND ( $Throughout this discussion, we will discuss the balance between safety/liquidity and the maximization of profit. You may draw from personal experiences, your own research, or$ what you have learned from the readings. • In the management of cash and marketable securities for a fi...
##### Assume a mutually exclusive scenario. Compare three alternatives on the basis of their capitalized cost (CC)...
Assume a mutually exclusive scenario. Compare three alternatives on the basis of their capitalized cost (CC) at i=10% per year, which is the best alternative in this scenario? • Alternative 1, AW = $87,500 and n = (forever) • Alternative 2, PW = -$895,000 and n = (forever) • Alternati...
##### Suppose that Airbus and Boeing decide to form a cartel. Is it likely that they both...
Suppose that Airbus and Boeing decide to form a cartel. Is it likely that they both stick to an agreement where each of them produces equal quantities in order to maximize total revenue? In other words, does a formation of such a cartel constitute a Nash equilibrium? Explain carefully (hint: try to ...
##### Optimization problem. Need help ASAP!
Find the point on the hyperbola xy=8 that is closest to the point (3,0). If anyone knows how to work this, please help me!...