Answer:
KYES
Explanation:
KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.
Answer: $3000
Explanation: Allowance for doubtful accounts is the contra account to accounts receiveable when all the bad debts need to be accounted for. The bad debts reduces the accounts receivable line but all bad debts are actually deducted from the allowance for doubtful accounts.
The allowance for doubtful accounts for that year is calculated as 5% of the accounts receivable balance. This amounts to $8000 (160000 x 5%) before bad debts have been accounted for. Allowance for doubtful accounts moves in the opposite direction as accounts receivable because it is a contra account to this line item. At the end of the year before year end closing entries are done, and after the bad debts have been accounted for, the balance on the allowance for doubtful accounts is $5000.
This means that bad debts for that year is:
8000 (balance before bad debts have been accounted for)
- 5000 (balance after bad debts have been accounted for)
= $3000.
Direct deposit typically refers to your <u>employer</u> sending your<u> paycheck </u>electronically to your bank account.
<h3>What is direct deposit?</h3>
Direct deposit can be defined as the way in which your employer directly deposit your salary into your bank account electronically.
Most companies or organization tend to make use of direct deposit system to pay their employee salary or paycheck instead of giving them cash or using check .
Inconclusion Direct deposit typically refers to your <u>employer</u> sending your<u> paycheck </u>electronically to your bank account.
Learn more about direct deposit here:brainly.com/question/3044615
Warehousing & Distribution Center
Distribution management refers to the process of overseeing the movement of goods from supplier or manufacturer to point of sale. It is an overarching term that refers to numerous activities and processes such as packaging, inventory, warehousing, supply chain, and logistics.
Answer:
B. The amount of equity reported by Frankfort Corporation is $672,000
Explanation:
Equity earnings
= Frankfort's share in net income of Bradley
= 1,680,000 * 40%
= 672,000
Option B
Please comment if you face any issues****************
