Hazard Company began 2021 with a credit balance of $16.DOO in the refund account Sales...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Hazard Company began 2021 with a credit balance of $16.DOO in the refund account Sales and cash collections from customers during the year were $1750.000 and 51410.000, respectively. During 2021. customers returned merchandise for credit of $67000 to the accounts. The balance in the refund ability account at the end of 2021 was $136,500. What percent of sales in 2021 does Hazard estimate to be returned
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.