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Louise and Elizabeth Cake Designs allow customers to charge on account
Louise and Elizabeth Cake Designs allow customers to charge on account. Their year end is December 31, 2020. They have provided the below aged accounts receivable ledger as at December 31, for you to prepare the required entry to record the bad debt expense. Customer 0–30 days 31–60 days 61–90 days + 90 days Total MacDonald ...
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Orange Designs provides consulting services related to home decoration. Orange Designs provides customers with recommendations for a full range of home decor, including window treatments, carpet and wood flooring, paint colors, furniture, and much more. Below is the year-end adjusted trial balance of Orange Designs, Credits Debits $ 4,900 3,900 1,900 5,900 109,000 ORANGE DESIGNS Adjusted Trial Balance December 31, 2021 Accounts Cash Accounts Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due...
Orange Designs provides consulting services related to home decoration. Orange Designs provides customers with recommendations for a full range of home décor, including window treatments, carpet and wood flooring, paint colors, furniture, and much more. Below is the year-end adjusted trial balance of Orange Designs Credits Debits $ 4,900 3,900 1,900 5,900 109,000 ORANGE DESIGNS Adjusted Trial Balance December 31, 2021 Accounta Cash Accounts Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due...
Walmart is considering the installation of customer kiosks in their Supercenters. The kiosks will allow customers to search for products, tell them if the products are in stock, and show them on a map where in the store the products are located. Use the following facts to conduct a break-even analysis of the customer kiosk technology. Costs • There will be a one-time cost of $18,000,000 in 2018 to develop and implement the system software. • Starting in 2019 there...
. Customers are used to evaluate preliminary product designs. In the past, 95% of successful products received good reviews, 10% of unsuccessful products received good reviews. In addition, 40% of products have been successful, 60% of products have been unsuccessful. a. What is the probability that a product gets a good review? b. If a new design gets a good review, what is the probability that it will be a successful product?
Cintas designs, manufactures, and implements corporate identity uniform programs that it rents or sells to customers throughout the United States and Canada. The company’s stock is traded on the NASDAQ and has provided investors with significant ROEs over the past few years. Selected information from the company’s statement of financial position follows. The company reported revenue of $2,175,000 and cost of sales of $2,682,995 for fiscal year 2015: CINTAS Statement of Financial Position As of May 31, (amounts in thousands)...
Customers are used to evaluate preliminary product designs. In the past, 95% of highly successful products received good reviews, 59% of moderately successful products received good reviews, and 14% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (e.g. 98.7654) (a) What is the probability that a product attains a good review? (b) If a new...
A firm designs and manufactures automatic electronic control devices that are installed at customers' plant sites. The control devices are shipped by truck to customers' sites; while in transit, the devices sometimes get out of alignment. More specifically, a device has a prior probability of .10 of getting out of alignment during shipment. When a control device is delivered to the customer's plant site, the customer can install the device. If the customer installs the device, and if the device...
A firm designs and manufactures automatic electronic control devices that are installed at customers' plant sites. The control devices are shipped by truck to customers' sites; while in transit, the devices sometimes get out of alignment. More specifically, a device has a prior probability of 10 of getting out of alignment during shipment. When a control device is delivered to the customer's plant site, the customer can install the device. If the customer installs the device, and if the device...