Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Feb 2018 My Price 7.00

Handy Plumbing

Problem 5-70B AGING METHOD BAD DEBT EXPENSE

Carol Simon, the manager of Handy Plumbing has provided you with the following aging schedule for Handy’s accounts receivable:


Accounts Receivable

Category                              Amount

 

Proportion Expected to Default

 

0–20 days

$ 92,600

0.03

21–40 days

12,700

0.09

41–60 days

17,800

0.14

Over 60 days

2,100

0.30

 

$125,200

 

 

Carol indicates that the $125,200 of accounts receivable identified in the table does not include $9,400 of receivables that should be written off.

 

Required:

1.     Journalize the $9,400 write-off.

2.     Determine the desired postadjustment balance in allowance for doubtful accounts.

3.     If the balance in allowance for doubtful accounts before the $9,400 write-off was a debit of $550, compute bad debt  expense.

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Feb 2018 10:02 PM My Price 7.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------

Not Rated(0)