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Wittaler [7]
1 year ago
7

Great Landscapes Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various ag

ed categories of accounts. The Great Landscapes Company computes a total of $3,600 in estimated doubtful accounts as of December 31, 2019. Its Accounts Receivable account has a balance of $112,800 and its Allowance for Doubtful Accounts has a credit balance of $600 before adjustment at December 31, 2019. How much bad debts expense will Great Landscapes report in 2019
Business
1 answer:
ANEK [815]1 year ago
7 0

Answer:

$3,000

Explanation:

Calculation to determine How much bad debts expense will Great Landscapes report in 2019

Using this formula

2019 bad debts expense =Estimated doubtful accounts-Allowance for Doubtful Accounts has a credit balance

Let plug in the formula

Bad debts expense=$3,600-$600

Bad debts expense=$3,000

Therefore The Amount of bad debts expense that Great Landscapes will report in 2019 is $3,000

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yuradex [85]

Answer:

$1.49 per share

Explanation:

The calculation of diluted earnings per share is given below:-

Diluted shares outstanding= $200,000 + 12,000 × ($36 - $30) ÷ 36

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Diluted earnings per share = Net income ÷ Diluted shares outstanding

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Therefore for computing the diluted earnings per share we simply divide the net income by diluted shares outstanding.

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1 year ago
True or False: Using specific position titles in ICS helps to describe the responsibilities of the position.
Mila [183]

Answer:

True

Explanation:Using specific position titles in ICS helps to describe the responsibilities of the position.

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1 year ago
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dexar [7]

Answer:

win based on strict liability

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In this scenario Mike was blasting some holes in rocks. This is a dangerous activity that can cause harm.

Myra who broke her legs in the explosion only needs to prove Mike was responsible for the explosion that occurred for her to win based on strict liability provision.

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If a company wanted to quickly identify which employees speak spanish, what would be the best way to do this?
lina2011 [118]
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Hope this helps you.
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The demand for grape-flavored Hubba Bubba bubble gum is likely a. inelastic because there are many close substitutes for grape-f
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b.

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