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A company started the year with accounts receivable of $15,00 and an allowance for uncollectable accounts of $(1,500). During the year, sales (all account) were $110,000 and cash collections for sales amounted to $105,000. Also, $1,000 worth of uncollectable accounts were specifically identified and written off. Then, at year-end, the company estimated that 10% of ending accounts receivable would be collected. A. What amount will be shown on the year-end income statement for bad debt expense? B. What is the balance in the allowance for uncollectable accounts after all adjustments have been made?

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Previous ArticleYour company leases a copier. The contract states you must pay the leasing company $3,000 a year and $.005 per copy. Required: A) Write the equation to predict estimated total lease cost. B) compute the estimated total costs if: I. 10,000 copies are made ii. 50,000 copies are made C) compute the estimated cost per unit if: I. 10,000 copies are made ii. 50,000 copies are madeNext ArticleDQ1 Assume for a moment that one of your fellow department managers bursts into your office with a troubled look on her face. She sits down and says with a tone of disgust, “You can’t do anything with these new employees . . . they aren’t motivated by money anymore.” Construct a detailed response (like a script) in which you describe how content and process theories might be used to motivate employees. Be sure to include comments on two content theories and two process theories and highlight the significance of each theory. DQ2 What is the current design of your job? Assume that the opportunity arose for you to utilize the idiosyncratic deals (i-deals) in redesigning your job. What would you do to make your job inherently more motivating? How would you design the feedback and reward systems in the new job? DQ3 Goal setting research suggests that people should be given difficult goals. Provide an explanation that reconciles this research finding with expectancy theory.