monika

Lv1

Monika AgrawalPt. Ravishankar Shukla University

1 Follower

0 Following

0 Helped

Graduated since 2015 Worked as Accountant for 2 years Teaching since 2018 Pursuing CA Working in a CA Firm

ANSWERS

Published6

Subjects

English4Business1Accounting1

Net credit sales for the month are $600,000. The accounts receivable balance is $120,000. The allowance is calculated as 5% of the receivables balance using the percentage of receivables basis. If the Allowance for Doubtful Accounts has a credit balance of $4,000 before adjustment, what is the balance after adjustment?

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

monikaLv1

8 Oct 2021

Answer: $34,000Step-by-step explanation:Net Credit Sales for the period - $600...

Which continent is the largest in the world?

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

monikaLv1

8 Oct 2021

Answer: C. AsiaStep-by-step explanation:Asia is the largest continent in the w...

In Ancient Egyptian civilization, which of the following was found in Upper Egypt?

A. fertile soil for farming

B. elevated land for livestock

C. military training and war

D. large centralized cities

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

monikaLv1

8 Oct 2021

Answer: A. Fertile Soil for Farming.Step-by-step explanation:Upper Egypt is th...

In a sole proprietorship, the profits earned by the business are:

A. taxed as income for the business, but exempt from the personal income tax paid by the owner.

B. taxed at the lowest corporate rate.

C. the property of the owner, except for taxes owed to the government.

D. tax-free if the appropriate exemption is filed with the local government.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

monikaLv1

8 Oct 2021

Answer: C. the property of the owner, except for taxes owed to the government....

You are required to report any reasonable suspicion you have of possible child abuse or neglect. Who does the fact-finding about the incident?

Choose the best answer and then click the 'Submit button below.

⚪ You should take the steps to investigate the abuse on your own before reporting

⚪ You should interview the victim and get the facts since the child already trusts you

⚪ You should let child welfare investigators and law enforcement interview the child

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

monikaLv1

8 Oct 2021

Answer: You should let the Child welfare investigators and law enforcement int...

What is the best definition of a "city?"

A. A mobile lifestyle among its people.

B. A political, religious, and economic center.

C. An agricultural settlement consisting entirely of nomads.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

monikaLv1

8 Oct 2021

Answer B. A political, economic and religious centre.Step-by-step explanation:...

monika

Monika AgrawalPt. Ravishankar Shukla University

ANSWERS

Subjects

Weekly leaderboard