Answer:
Net price is the actual price a buyer/consumer will pay.
Answer:
D. $12,400
Explanation:
Use the following formula to calculate the Bad debt expense for the period
Bad debt expesne = Debit balance of Allowance account + Allowance for the period
Where
Debit balance of Allowance account = $400
Allowance for the period = Account receivables x percentage of allowance = $1,200,000 x 1% = $12,000
Placing values in the formula
Bad debt expesne = $400 + $12,000
Bad debt expesne = $12,400
Lin most likely a victim of fraud. Fraud is the intentional taking something from another individual for personal or financial gain which would make the other party at disadvantage. Committing fraud is a criminal offense and the victim could make legal actions to chase the criminal.
If you're interested in a career's long-term growth and stability, you should investigate what the average wage is. Thus, option (C) is correct.
<h3>What is the investigation?</h3>
A detective's job is to conduct investigations. Private investigators conduct investigations. A criminal investigation is the study of facts used to track down an alleged criminal and establish his or her guilt. The division of the British Police responsible for criminal investigations is where plainclothes detectives work.
The average pay, on the other hand, is calculated by dividing the total number of salaries by the total number of salaries. For illustration, let's take a look at three employees with wages of $20,000, $30,000, and $50,000 each. Currently, the average pay is 33,333 and the median wage is 30,000.
Therefore, Thus, option (C) is correct.
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A transaction is initially recorded in the journal, and then subsequently posted to the general ledger
This is further explained below.
<h3>What is a ledger?</h3>
Generally, A book or group of accounts in which transactions pertaining to those accounts are documented is referred to as a ledger.
Each account has a carry-forward balance or a starting balance, and it would record each transaction as either a debit or a credit in distinct columns, as well as the account's ending or closing amount.
In conclusion, When a transaction occurs, it is first written down in the journal, and then it is later entered into the general ledger.
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