![]() Shipway Company recorded $3,778,000 of credit sales during 2014. About 35,000 workers at resort-casinos operated by MGM Resorts International, Caesars Entertainment. ![]() Based on past history and industry averages, 3/4% of credit sales are expected to be uncollectible. Shipway Company uses the percent of credit sales method of estimating uncollectible accounts expense. Journalize the transactions for 2014 under the allowance method. The following table lists the 3-month rates of return, in percent, for samples of healthcare-related and technology-related mutual funds, as reported by Morningstar, an independent investment research company.\ ![]() A mutual fund is a professionally managed investment that can be sold to the general public. While members of the unions contracts expired months ago, the union says that 35,000 workers are now prepared to strike at 18 casinos ahead of the event. ![]()
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