Blog

Find the sum of the coefficients of  and in

A seller (or supplier) of goods or services to a business organization is known as a:

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. The entry or entries Gideon makes to record the write off of the account on May 3 is:

A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company’s unadjusted trial balance reported the following selected amounts:         Accounts receivable $ 375,000 debit Allowance for uncollectible accounts   500 debit Net Sales   800,000 credit   All sales are made on credit. Based on past experience, the company estimates that 0.6% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared?

A company’s current assets are $17,980, its quick assets are $11,420 and its current liabilities are $12,190. Its acid-test (quick) ratio equals:

On May 1, Shilling Company sold merchandise in the amount of $5,800 to Anders, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Shilling uses the perpetual inventory system and the gross method. The journal entry or entries that Shilling will make on May 1 is (are):

Sales less sales discounts, less sales returns and allowances equals:

How many cations are in 0.500 g of MgBr2?MgBr2 → Mg2+ + 2Br-

Which element is most chemically similar to the element indicated by the letter B in the following periodic table?

The diameter of an atom is approximately 1 × 10-10 m. What is the diameter in nanometers?