# Acc 291: Acc 291 Final Exam - Question & Answers | Uop E Assignments Essay

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ACC 291 Final Exam Phoenix university students you get have any issue related to the ACC 291 Final Exam. UOP E Assignments provide you the new study guide for ACC 291 Final Exam Answers Free, ACC 291 Final Exam Question And Answers, ACC 291 final exam university of phoenix, ACC 291 final exam part 4 so students just go to the UOP E Assignments website and order now. ACC 291 Final Exam (Latest) Multiple Choice Question 86 An aging of a company's accounts receivable indicates that \$4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a \$1,200 credit balance, the adjustment to record bad debts for the period will require a  debit to Bad Debt Expense for \$4,500.  debit to Bad Debt Expense for \$3,300.  credit to Allowance for Doubtful Accounts for \$4,500.  debit to Allowance for Doubtful Accounts for \$3,300. Multiple Choice Question 182 The financial statements of the Melton Manufacturing Company reports net sales of \$300,000 and accounts receivable of \$50,000 and \$30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days?  60.8  96.1  36.5  48.7 Multiple Choice Question 119 Stine Company purchased machinery with a list price of \$64,000. They were given a 10% discount by the manufacturer. They paid \$400 for shipping and sales tax of \$3,000. Stine estimates that the machinery will have a useful life of 10 years and a residual value of \$20,000. If Stine uses straight-line depreciation, annual depreciation will be  \$3,760.  \$4,072.  \$6,100.  \$4,100. Multiple Choice Question 198 Given the following account balances at year end, compute the total intangible assets on the balance sheet of Janssen Enterprises. Cash \$1,500,000 Accounts Receivable 4,000,000 Trademarks 1,000,000 Goodwill 2,500,000 Research & Development Costs 2,000,000 