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Home > Business & Careers > Accounting   »   Finance Accounting

 
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Old Sep 3, 2007, 01:18 PM
TeukuMcHalldon
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Finance Accounting

Allowance for Doubfull account ?

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Old Sep 9, 2007, 11:54 PM   #2  
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bad debt exp dr
allowance doubd cr

cheers
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Old Sep 10, 2007, 09:49 PM   #3  
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The company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company's monthly fixed costs are $84,500.
Using the C-V-P equation, compute the amount of profit the company will have for a month in which the company sells 375 lawnmowers.
is 84502.5 correct
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Old Sep 10, 2007, 09:52 PM   #4  
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The company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company's monthly fixed costs are $84,500.
Using the C-V-P equation, compute the amount of profit the company will have for a month in which the company sells 375 lawnmowers.
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