Accounts Receivable has a balance of $32,000, and the Allowance for Bad Debts has a credit balance of $3,500
The allowance method is used. What is the net realizable value of Accounts Receivable before and after a $2,100 account receivable is written off?
A) $28,500; $28,500
B) $26,400; $26,400
C) $28,500; $26,400
D) $26,400; $30,600
A .
Business
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Ceylon Express sells bottled pasteurized tea to retailers. It has the following revenues and costs: Sales price per bottle: $0.50 Variable costs per bottle: $0.30 Total fixed costs (annual): $50,000 Tax rate: 20 percent What is the annual break-even point in unit for the company?
a. 100,000 b. 50,000 c. 250,000 d. 166,667
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Blind ads are ads that fail to include
a. a price b. the address of property c. broker identification d. property specifics
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