The unadjusted trial balance at year-end for a company that…

The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts expense reports the following selected amounts:  Accounts Receivable $ 427,000 Debit Allowance for Doubtful Accounts 1,430 Debit Net Sales  2,280,000 Credit All sales are made on credit. Based on past experience, the company estimates 2.5% of ending accounts receivable to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?

ABC issues bonds to help pay for a new acquisition.  The fac…

ABC issues bonds to help pay for a new acquisition.  The face value of the bonds being issued is $150,000.  The bonds will be repaid in 10 years.  The coupon rate on the bonds is 8%, with interest paid annually. If the market rate at the time of issuance was 6%, how much total proceeds will ABC receive most likely?

Nurse Josseleen notes that a patient, who experienced a myoc…

Nurse Josseleen notes that a patient, who experienced a myocardial infarction (MI) 3 days ago, seems unusually fatigued. Upon assessment, the nurse finds that the patient is dyspneic with activity, has a heart rate of 110 beats per minute (bpm), and has generalized edema. Which action by the Nurse Josseleen is most appropriate?