«FIRST15»

Place your first order with code to get 15% discount right away!


Place First Order Now

Homework Help: Solved 101918

Exercise 8-5 Stine Company has accounts receivable of $106,400 at March 31, 2014. An analysis of the accounts shows these amounts. Balance, March 31 Month of Sale 2014 2013 March $74,700 $76,700 February 12,200 7,200 December and January 12,000 2,700 November and October 7,500 1,500 $106,400 $88,100 Credit terms are 3/10, n/30. At March 31, 2014, there is a $2,400 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company’s estimates of bad debts are as shown below. Age of Accounts Estimated Percentage Uncollectible Current 3 % 1–30 days past due 6 31–90 days past due 32 Over 90 days past due 52 Determine the total estimated uncollectibles. The total estimated uncollectibles $ Prepare the adjusting entry at March 31, 2014, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER


Research Tutors Hub

Calculate the price
of
your order:

275 words
+
Approximate price
$ 0.00

Basic features

  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support

On-demand options

  • Writer's samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading

Paper format

  • 275 words per page
  • 12pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, CHicago/Turabian, Havard)

Guaranteed originality

We guarantee 0% plagiarism! Our orders are custom made from scratch. Our team is dedicated to providing you academic papers with zero traces of plagiarism.

Affordable prices

We know how hard it is to pay the bills while being in college, which is why our rates are extremely affordable and within your budget. You will not find any other company that provides the same quality of work for such affordable prices.

Best experts

Our writer are the crème de la crème of the essay writing industry. They are highly qualified in their field of expertise and have extensive experience when it comes to research papers, term essays or any other academic assignment that you may be given!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.