On february 1, a customer's account balance of $3,600 was deemed to be uncollectible. what entry should be recorded on february 1 to record the write-off assuming the company uses the allowance method

Community college credits never transfer to a 4 year institution

Recently, Hale Corporation announced the sale of 2.5 million newly issued shares of its stock at a price of $21 per share. Hale sold the stock to an investment banker, who in turn sold it to individual and institutional investors.

Debt management ratios measure: how effectively a company is using its cash, how well a company is using debt versus equity position, a companys ability to earn profit, a companys ability to meet payable obligations

Employees earn vacation pay at the rate of one day per month. During the month of July, 30 employees qualify for one vacation day each. Their average daily wage is $105 per day.

The Wildwood Fund sells Class A shares with a front-end load of 5% and Class B Shares with a 12b-1 fee of 0.5% annually and a back-end load that start at 7% and fall by 1% for each full year the investor hold the fund.

A product that effectively increases consumers' incomes when its price decreases.

The pita pit borrowed $192,000 on november 1, 2018, and signed a six-month note bearing interest at 12%. principal and interest are payable in full at maturity on may 1, 2019.

Sloan Company receives a $3,000, 3-month, 6% promissory note from Day Company in settlement of an open accounts receivable. What entry will Sloan Company make upon receiving the note? a. Notes Receivable 3,045Accounts Receivable-Day Company 3,045b.

What will happen when a homeowner renovates an old house and plants a flower garden in the front yard?

Journalize the entries to record the following selected bond investment transactions for Starks Products: If an amount box does not require an entry, leave it blank. a. Purchased for cash $66,000 of Iceline, Inc.