Answer and Explanation:
The journal entries are shown below:
1. Allowance for doubtful Accounts Dr $3,500
To Accounts receivable $3,500
(Being the allowance for doubtful account is recorded)
2. Accounts receivable Dr $3,500
To Allowance for doubtful Accounts $3,500
(Being the written off amount is recorded)
3. Cash Dr $3,500
To Account receivable $3,500
(Being the cash collection is recorded)
Only these 3 entries are required
Um, Hello there. The answer to your question is probably going to be.
<span>
The bullet points beneath a one-line mission statement often serve as
A. value statements to show how the mission will be achieved.
B. a timeline for achieving the company's goals.
C. lesser goals to consider for the future.
D. a reminder of the one-line statement.</span>
Net income serves as the beginning point for the indirect technique of preparing the operating activities section.
<h3>What does "net income" mean?</h3>
Net income is the amount of money left over after all costs, such as salaries and wages, the cost of commodities or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions.
<h3>How is net income demonstrated?</h3>
Operating income for the business was $23,000 after operating costs of $12,500. After deducting interest expense of $1,500 and adding interest income of $1,700, ABYZ arrived at a net income before taxes of $23,200.
<h3>What is net income post-tax?</h3>
A person's income after taxes and deductions is referred to as their net income.
learn more about net income here <u>brainly.com/question/15530787</u>
#SPJ4
The Federal Information Security Management Act of 2002 is the guidance that identifies federal security controls.
<h3>What is the The Federal Information Security Management Act of 2002?</h3>
This is also known as the FISMA 2002. This guideline requires federal agencies to doe the following:
- To document
- To implement
- To develop
Agency programs nationwide that would help to support the operations of the agency.
Read more on federal agencies here:
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