Answer:
Bad debt expense for 2018 is $81,200
Explanation:
2018 net credit sales = $5,800,000
Estimated bad debt percentage = 1.40%.
The allowance for uncollectible accounts had a credit balance of $55,000 at the beginning of 2018 and $46,500, after adjusting entries, at the end of 2018.
Bad debt expense = Estimated bad debt percentage × net credit sales
= 1.40% × $5,800,000
= $ 81,200
Pablo assured his team that he would advocate for them to receive a much-deserved pay increase. According to the given condition of Pablo, Pablo was fail in the aspect of trust in Credibility.
<h3>What do you mean by the Credibility?</h3>
The capacity to acquire the respect of those who are most directly involved referred as credibility.
As an illustration, consider a social science professor who is well-known for her theories on poverty and who, on the weekends, actively volunteers in disadvantaged neighborhoods to earn the respect of the populations she studies.
Four Different Forms Of Credibility are:-
Therefore, Pablo assured his team that he would advocate for them to receive a much-deserved pay increase. According to the given condition of Pablo, Pablo was fail in the aspect of trust in Credibility.
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Answer:
$109,750,000
Explanation:
Note: <em>Options provided in the question belong to similar question but different numbers</em>
Deferred Tax liability = (Revenue from specific sales in 2021 - Cash received against it up to 2022) * Tax rate
Deferred Tax liability = ($621 million - $61 million - $121 million) * 25%
Deferred Tax liability = $439 million * 25%
Deferred Tax liability = $109,750,000