Blue Skies Equipment Company uses the aging approach to estimate bad debt expense at the end of each accounting year. Credit sales occur frequently on terms n/60. The balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, (2) up to one year past due, and (3) more than one year past due. Experience has shown that for each age group, the average loss rate on the amount of the receivable at year-end due to uncollectibility is (a) 3 percent, (b) 9 percent, and (c) 28 percent, respectively. At December 31, 2019 (end of the current accounting year), the Accounts Receivable balance was $48,700 and the Allowance for Doubtful Accounts balance was $920 (credit). In determining which accounts have been paid, the company applies collections to the oldest sales first. To simplify, only five customer accounts are used; the details of each on December 31, 2019, follow:

Answers

Answer 1

Answer:

hello your question is incomplete attached below is the missing table

answer = $48700

Step-by-step explanation:

Calculate the total account receivable in each age category

1) not yet due age category

 = $4000 + $4000 + $7000

 = $15000

2) up to 1 year age category

  = $20500 + $7000

  = $27500

3) more than 1 year age category

  = $6200

therefore the total amount of  account receivables =  15000 + 27500 + 6200  = $48700

Blue Skies Equipment Company Uses The Aging Approach To Estimate Bad Debt Expense At The End Of Each

Related Questions

Mary ran 3.45 miles on Monday, 2.2 miles on Tuesday, 0.055 miles on Wednesday, and 9.03 miles on Thursday. How many total miles did she run?

Answers

Well all you need to do is add them so 3.45 + 2.2 = 5.65 then add 0.055 to 5.65 which is 5.705 and last but not least, add 9.03 to 5.705 which is 14.735 which makes 14.735 how many miles she ran. Hope this helps

what is 3/4(2x+5)=5(x+12)

Answers

Answer:

--16 1/14, -225/14 or -16.07

Step-by-step explanation:

3/4(2x+5)=5(x+12)

3x/2+15/4=5x+60

-225/14

solve the inequality 3x-3<9

Answers

Answer:

x < 4

General Formulas and Concepts:

Pre-Algebra

Equality Properties

Step-by-step explanation:

Step 1: Define inequality

3x - 3 < 9

Step 2: Solve for x

Add 3 to both sides:                    3x < 12Divide 3 on both sides:                x < 4

Here we see that any number x smaller than 4 would work as a solution.

Answer:

x < 4 is the answer.

Step-by-step explanation:

3x - 3 < 9 <----- This is the original question.

3x - 3 + 3 < 9 + 3 <----- Add 3 to both sides.

3x < 12 <-----Simplify

3x/3 < 12/3 <----- Divide both sides by 3.

x < 4 = x is less than 4

Hope this helps! :)

I just need go with the one I selected ​

Answers

x + y + 2x = 180

180 = x + 60 + 2x
180 = 3x + 60
120 = 3x
x = 40

3x + y = 180
120 + y = 180
y = 60

PLS HELP ASAP IM FAILING MATH

Answers

Answer:

1.B

2.A

3.D

4.C

Step-by-step explanation:

Hello! Since f(a) = 5a + 12, you need to substitute the a values into the equation.

For example, 1:
1. a = 6; you will substitute the a value for 6.
f(a) = 5a + 12
f(a) = 5(6) + 12
f(a) = 30 + 12
f(a) = 42

Do the same for the other ones. This will help you not fail math.

Clare volunteers at a local library during the summer. Her work includes putting labels on 750 books.

How many minutes will she need to finish labeling all books if If she takes no breaks and labels:

Answers

Answer:

How much time does it take for one book tho?

Step-by-step explanation:

If it takes two minutes for one book then it would take 1,500 minutes for all books to be labled.

What is the range of f(x)=−3x+4

A. the set of real numbers less than 0
B. the set of real numbers less than 4
C. the set of real numbers greater than 4
D. the set of real numbers greater than 0

Answers

I think it’s b not sure tho

The range of the function f(x) = -3x + 4 is all real numbers

None of the options is correct

The given function is:

f(x)  =  -3x  +  4

The range of a function is the set of its valid output values

The function f(x) = -3x + 4 does not have any constraint, neither does it have any value that will make the function f(x) to be undefined.

Therefore, both the domain and the range of the function is a set of all real numbers

The range of the function f(x) = -3x + 4 is a set of all real numbers

Learn more here: https://brainly.com/question/19271624

1. Which example shows the zero product
property?
A. a(b + C) = ab + ac
B. (a+ b) + 9 = a (9 + b)
C. a+ a+a = 3a
D. a(0)

Answers

Answer:

The answer is C.....im pretty sure I took the test

Step-by-step explanation:

What is the answer to the qustion 0.3h+1.2=0.1h-2.6

Answers

Answer:

-19

Step-by-step explanation:

0.3h+1.2=0.1h-2.6

.2h+1.2=-2.6

.2h=-3.8

h=-19

someone please help !

Answers

For #2 they would make 394 dollars because they earn 2 dollars per bracelet, and I know that because the slope is 2

Can someone please take there time to do this every time I asked it’s wrong

Answers

Answer:

5/3x - y = 5

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDASEquality Properties

Algebra I

Slope Formula: [tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]

Slope-Intercept Form: y = mx + b

m - slope b - y-intercept

Standard Form: Ax + By = C

Step-by-step explanation:

Step 1: Define

Find points from graph.

x-int (3, 0)

y-int (0, -5)

Step 2: Find slope m

Substitute:                    [tex]m=\frac{-5-0}{0-3}[/tex]Subtract:                       [tex]m=\frac{-5}{-3}[/tex]Simplify:                        [tex]m=\frac{5}{3}[/tex]

Step 3: Write Slope-Intercept Form

y = 5/3x - 5

Step 4: Find Standard Form

Subtract 5/3x on both sides:          -5/3x + y = -5Multiply both sides by -1:                5/3x - y = 5

And we have our answer!

What is the mapping notation that will transform triangle ABC to triangle A'B'C'?

Answers

Answer:

I cant see it so can u do something so i can see it plz

What is the eighth term of the sequence that begins with 1, 3, 7, 13, 21, ... ?

Answers

31 because it is adding 2 to each number

Half the value of 3x-9 is x+37. What is the value of x?

Answers

Answer:

x = 83

Step-by-step explanation:

You know that half of 3x-9 is x+37. That means 2(x+37) = 3x-9. Solve the left side of the equation. You will get 2x+74. Now the whole equation is 2x+74=3x-9. Well, move the like terms to each of their sides. You will now have 74+9 = 3x-2x. Simplify and you will get 83 = x.

Hope this helps! Please mark me as brainliest!

Answer:

x=83

Step-by-step explanation:

Since we know that half of 3x-9 is x+37, that's the same as saying the double of x+37 or 2(x+37) is equal to 3x-9. So, we can write this equation: 3x-9=2(x+37). Now, all we have to do is use simple algebra to solve the problem:

   Steps               Justification

3x-9=2(x+37)   Original Equation

3x-9=2x+74     Distributive Property of Equality

x-9=74             Subtraction Property of Equality (Subtract 2x from both sides)

x=83                Addition Property of Equality (Add 9 to both sides)

Hope this helps!! :)

What are the three steps to dividing fractions

Answers

Answer:

There are 3 or more steps to dividing fractions

Step-by-step explanation:

1. The first step to dividing fractions is to find the reciprocal (reverse the numerator and denominator)

2.Next, multiply the two numerators

3.Then, multiply the two denominators.

4.Finally, simplify the fractions if needed

PLEASE HELP ME IM DESPERATE!

Answers

Answer:

3/12

Step-by-step explanation:

The slope is Rise over Run

They gave you the rise of 12ft

and a horizontal change is equal to run which is 100.

12/100 simplifies to 3/12.

Hope this helps.

Help plsssssssssssss

Answers

Answer:5

Step-by-step explanation:-7+8=1 so-3+8=5

1000 + 6901 - 64 = ?​

Answers

Answer:

7837

Step-by-step explanation:

1000 + 6901 - 64 = ?​

=7837

In a trivia competition, Dan had accumulated 600 points.Then he lost 450 points in the fashion category.What was his score at that point?

A.110

B.150

C.180

D.1050

Answers

Answer:

its d

Step-by-step explanation:

Triangle CEN is congruent to Triangle CED. What property is shown by line segment CE being congruent to line segment CE?

Answers

Answer:

C. Reflexive property

Step-by-step explanation:

When a line segment is congruent or the same as itself, it is considered to have a property known as reflexive property.

This means line segment CE is a mirror image of itself. Therefore, line segment CE is congruent to line segment CE.

Line segment CE is what divides the figure given into two equal halves, making both parts congruent to each other.

A store sells mugs Each mugs cost the same amount. During a sale the store reduces of each mug by $1.75 Wen spends $28.20 on 5 mugs at the sale price what was the price of one mug before the sale

Answers

Answer: $7.39

Step-by-step explanation:

From the question, we are informed that a store sells mugs and that each mugs cost the same amount. We are further told that during a sale the store reduces of each mug by $1.75 and that Wen spends $28.20 on 5 mugs.

Since the store reduced $1.75 on each mugs, the amount that When would have paid without the discount will be:

= $28.20 + ($1.75 × 5)

= $28.20 + $8.75

= $36.95

The price of one mug before the sale will then be:

= $36.95 / 5

= $7.39

Answer:

7.39

Step-by-step explanation:

The number of boys is 3 more than double the girls. Together, there are 54 students in total. How many boys and girls are there?

Answers


54-3=51
51=1x+ 2y
51 divided by 3= 17

So 17 girls and 37 boys

Hi kind person you mind helping? (I’m giving 100 pts btw) ok thanks have a good day!

Answers

Answer:

52° since AGE is the same angle as FHD

Step-by-step explanation:

The lowest recorded temperature in a town was 4ºF, without the windchill. With the wind, the temperature felt like 10ºF below zero. On a number line, what is the distance between the two temperatures?
6
7
14
15

Answers

Answer:

14

Step-by-step explanation:

got it right on edge 2020 got 100% on the quiz

The lowest recorded temperature in a town was 4ºF, without the windchill. With the wind, the temperature felt like 10ºF below zero. On a number line, what is the distance between the two temperatures?

6

7

-->14

15

Cassie and her friend Molly played the balloon-pop game at the Belltown County Carnival. Cassie threw a total of 10 darts, 7 of which popped balloons. Molly threw a total of 5 darts, 4 of which popped balloons. Who had a greater ratio of darts that popped balloons to total darts?

Answers

Answer:

Molly had a greater ratio.

Step-by-step explanation:

If I were to multiply Molly's ratio by two it would give us 10:8 which is now comparable to 10:7 and 10:8 is greater than 10:7, therefore, Molly had the greater ratio. Hope this helps! Have a great day!

"The sum of half a number and 13 is 9" DO NOT SOLVE, please just translate the equation.

Answers

Multiply the entire equation by 2 , Subtract 26 from both sides , The original number is -8

I ONLY HAVE 5 MIN TO ANSWER PLEASE HELP ME !!!!!!!!!!!
How do you determine which values to multiply when you apply the distributive property?

WILL MARK BRAINLIEST!!!

Answers

multiplying two numbers (factors) together will result in the same thing as breaking up one factor into two addends, multiplying both addends by the other factor, and adding together both products

Rob has 40 coins, all dimes and quarters, worth $7.60. Write the system needed to determine the
number of dimes and quarters.

WILL GIVE BRAINLIEST

Answers

Answer:d + q = 40 -----> d = 40 - q

10d + 25q = 760

Substitute!

10(40 - q) + 25q = 760

400 - 10q + 25q = 760

15q = 360

q = 24

d = 40 - 24

d = 16

Step-by-step explanation:

A group of three friends have 3 different jobs. Mallory makes $9 an hour at Kroger, Chandler makes $11 at HEB, and Sophia makes $8 at Cinemark. All together they worked a total of 40 hours and earned $370. Mallory worked twice as many hours as Chandler.
How many hours did each friend work?

Answers

Answer:

22 hour i think :)))))))

What does -B + a = 8 mean

Answers

Answer:

Step-by-step explanation:

If you're looking to find what b= Subtract a from both sides

-b=-a-8

Then divide negative 1 from both sides to equal

b=a+8

If you're looking to find what a= Add b to both sides

a=b+8

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