Shipway Company recorded $3,778,000 of credit sales during 2014. MGM International owns properties throughout the world, including the MGM Grand and Bellagio in Las Vegas, The Borgata in Atlantic City, and of course MGM Grand Detroit. 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. Watch This Video: Owner of Golden Nugget Casinos approached Caesars Entertainment to propose merger. The Golden Nugget Casino is owned by Boyd Gaming Corporation. The golden nugget meaning is the name of a casino in Las Vegas.
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: The Golden Nugget is owned by the Lake Charles Gaming Association. A mutual fund is a professionally managed investment that can be sold to the general public.
