Ink Records recorded $2,333,898 in credit sales for the year and $1,466,990 in accounts receivable. The uncollectible percentage is 3% for the income statement method and 5% for the balance sheet method. Record the year-end adjusting entry for 2018 bad debt using the income statement method. Record the year-end adjusting entry for 2018 bad debt using the balance sheet method. Assume there was a previous credit balance in Allowance for Doubtful Accounts of $20,254; record the year-end entry for bad debt using the income statement method, and then the entry using the balance sheet method.

Telling an older adult to “take it easy” and “let me do it” may exert a negative influence by sending a message they are too old or frail to be physically active.

You borrow your friend’s truck to help you move. The first time you are driving your friend’s truck, you approach a stop sign and discover the breaks are more sensitive than your vehicle. In other words, a light touch causes the car to brake suddenly. After a few more stops, you learn to adjust your foot pressure on the brake so that the truck now stops smoothly and slowly. Which mechanism of motor learning best describes what occurred?  

Briefly explain how interest costs incurred during construction and after construction are accounted for.

A person with a normal cardiovascular system has a very minimal risk of suffering from a cardiac event related to exercise.

Gimli Miners recently purchased the rights to a diamond mine. It is estimated that there are one million tons of ore within the mine. Gimli paid $23,100,000 for the rights and expects to harvest the ore over the next ten years. The following is the expected extraction for the next five years. Year 1: 50,000 tons Year 2: 90,000 tons Year 3: 100,000 tons Year 4: 110,000 tons Year 5: 130,000 tons Calculate the depletion expense for the next five years, and create the journal entry for year one. Please show your work to receive full credit. 

Which ONE of the following will be amortized?  

What is the effect on heart rate when a person is submerged in water that is at 99 degrees Fahrenheit?

  Name 3 outcome tests presented in class that may be used to measure balance.

Company A purchased Company B, and recorded goodwill as an intangible asset on the balance sheet. A few months later Company A realized that it overpaid for Company B by $2million.  What is this condition called, and what must company A do now that it knows it overpaid?   Do not prepare a journal entry.