PAYROLL ACCT.,2019 ED.(LL)-TEXT
PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN: 9781337619783
Author: BIEG
Publisher: CENGAGE L
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Chapter 5, Problem 18QR
To determine

Indicate the options for paying an amount due (under $500) with the filing of form 940.

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Can you explain why the notes payable amount $250,000 that is due at December 31st, 2021 is not included in the adjusted journal entries?
hi based on the above question would item  h)    $250,000 of the notes payable is due for payment on December 31st, 2021, would this be reflected in the jounal entry? if so how do I enter it on the journal entry?
1. What amount should be reported as allowance for doubtful accounts on December 31, 2019? 2. What amount should be reported as doubtful accounts expense for the current year?   Please show solutions along with the answers. Thank you!
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