Financial and Managerial Accounting (Looseleaf) (Custom Package)
Financial and Managerial Accounting (Looseleaf) (Custom Package)
6th Edition
ISBN: 9781259754883
Author: Wild
Publisher: MCG
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Chapter 7, Problem 9E

a.

To determine

To prepare: Adjustment entry to record the bad debts expense with 3% uncollectible of credit sales.

b.

To determine

To prepare: Adjusting entry to record bad debts expense with 1% uncollectible of total sales.

c.

To determine

To prepare: Adjusting entry to record dab debts expense with 6% uncollectible of accounts receivable at the end of the year.

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Juan Leon Martinez posted Apr 7, 2025 11:25 AM Subscribe Hello everyone, Esteban is not performing in a professional manner in this scene. In fact, he is showing extreme unprofessional manners and unethical work ethic. Under no circumstance should he be using a company's tools or assets for his own benefit. You can also see he is trying not to get caught by any upper management due to him doing these actions after hours of work. As a manager, a great change I would do differently to make sure Esteban is not using the company's assets for their own benefit, would be coachings and sit down conversations. A sit down conversation can have the employee get an idea on how bad his actions are towards the company. This disciplinary of a coaching would be a written down statement from both manager and employee stating that he or she understands the actions they have done, which could lead to suspension or possibly termination. These unethical actions could lead to a great deal of financial loss…
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Financial and Managerial Accounting (Looseleaf) (Custom Package)

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