Answer:
62,200 allowance ending
Explanation:
allownce 5,000 credit
<u>Because the bad debt is calculate over the sales,</u> the bad debt expense is the result of that estimated, without considering the beginning balance of the allowance.
22% of net credit sales will be uncollectible:
260,000 x 22% = 57,200
<u>Now ending balance will be beginning + uncollectible for the period</u>
5,000 beginning
57,200 uncollectible for the period
62,200 allowance ending
Employers in the construction sector would benefit most from the validation of personnel selection information to aid in reducing employee theft.
<h3>
What is validation?</h3>
- The data support the hypothesis that reducing theft would result from the hiring of qualified workers without criminal records.
- Effectiveness is measured by validity.
- Therefore, if tests properly and accurately measure what they are intended to assess AND if tests are demonstrated to yield consistent findings over time, validation and dependability in hiring tools are present.
- Accepting someone else's views, feelings, and emotions are known as validation.
- The act of rejecting, criticizing, or ignoring someone else's opinions, sentiments, emotions, or behaviors is known as invalidation.
Therefore, validation of employee selection information would employers in the construction industry receive the greatest benefit in helping reduce employee theft.
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There are three main parts of income statements and they are:
- Revenue
- Expenses
- Profit
<h3>What is an Income Statement?</h3>
This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.
Hence, we can see that a sample income statement would be:
BOSKA COMPANY
Income statement for August 29, 2021
NET SALES------------------ $2,000,000
GROSS SALES-------------$500,000
GROSS PROFIT-------------$1,5000,000
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Answer: (E) Meaningful, believable, and distinctive
Explanation:
The advertising appeal is one of the type of communication process in which the the various types of organizations and the companies using this business strategy for promoting their brands and the products in the market.
The main objective of the advertising appeal is to creating awareness and inform customers or users about the new brands, various types of products and the services in the market.
According to the given question, there are mainly three type of characteristics of the advertising appeal that are as follows:
- Meaningful
- Distinctive
- Believable
The main aim of the meaningful characteristic is to make the product more interesting to the customers by highlighting its various types of meaningful advantages. Distinctive makes the product unique from all the products available in the market and believable appeal ensure the customer about the accurate delivery of the products.
Therefore, Option (E) is correct answer.
Answer:
Explanation:
Calculation to determine what The total stockholders' equity of ABC Corporation is
Using this formula
Total stockholders' equity
=Common Stock+Paid-in Capital in Excess of Par—Preferred Stock + Paid-in Capital in Excess of Par—Common Stock + Preferred Stock, + Retained Earnings -Treasury Common Stock (at cost)
Let plug in the formula
Total stockholders' equity=$3,500,000 + 400,000 + $550,000 + $2,000,000 + $1,500,000 - $150,000
Total stockholders' equity= $7,800,000
Therefore The total stockholders' equity of ABC Corporation is $7,800,000
