35000 loan for bad credit
[DOC File]FEDERAL CREDIT PROGRAM CASE NO
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Apr 02, 2015 · Write-off of bad debts without receiving collateral; ... Credit Reform 10. 218000 Loan Guarantee Liability 10. 310700 Unexpended Appropriations – Used 10 ... Paid 35,000. 218000 Loan Guarantee Liability 35,000. 101000 Fund Balance With Treasury 35,000 ...
[DOC File]ANSWERS TO QUESTIONS
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b. 1) Based on the analysis in part a., Deere has a pretty good liquidity cushion. It would be able to pay a loan of up $7.6 billion, if due in one year. 2) Additional contractual obligations of $4,839 in years 1–3 and $1,610 in years 3–5 are relevant to assessing whether Deere can repay a loan …
[DOC File]Chapter 3
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$30,000 Beginning balance 55,000 Bad debt expense Accounts written off X $20,000 Ending balance Solve for X: + $55,000 - X = $20,000. X = $65,000 = accounts written off in 1996. Determination of …
[DOC File]Working Capital, Instructor's Manual
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The credit period is the length of time for which credit is extended. If the credit period is lengthened, sales will generally increase, as will accounts receivable. This will increase the financing needs and possibly increase bad …
[DOC File]ANSWERS TO QUESTIONS
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9. The percentage-of-sales method. Under this method Bad Debt Expense is debited and Allowance for Doubtful Accounts is credited with a percentage of the current year’s credit or total sales. The rate is determined by reference to the relationship between prior years’ credit or total sales and actual bad …
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