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Arada [10]
2 years ago
15

he Allowance for Doubtful Accounts T-account will have the ______ on the credit side. Multiple choice question. sales on account

estimated bad debts from the adjusting entry write-offs of specific customers sales discounts and allowances
Business
1 answer:
lukranit [14]2 years ago
8 0

The Allowance for Doubtful Accounts T-account will have the write-offs of specific customers sales discounts and allowances on the credit side.

<h3>What is Doubtful Accounts?</h3>

It lowers the value of an asset—in this case, the accounts receivable—the allowance for dubious accounts is referred to as a "contra asset."

The allowance, also known as a bad debt reserve, is management's projection of the amount of accounts receivable that customers will not pay.

Thus, option B is correct.

For more details about Doubtful Accounts, click here:

brainly.com/question/14301375

#SPJ1

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Questioñ 2 (1 point)
BlackZzzverrR [31]

Answer:

business, management, and administration cluster

Explanation:

Business Management and Administration Career Cluster emphases on careers in planning, organizing, directing, and evaluating business functions.

8 0
3 years ago
Jim is a firm’s marketing manager who is confident of himself and open to feedback. Moreover, he has the ability to motivate him
MAVERICK [17]

Answer:

The answer is: Emotional intelligence

Explanation:

A person with emotional intelligence is able to identify and manage his own emotions and the emotions of the people around him.

Usually they are very perceptive of other people's emotions, and when they use their abilities correctly, they can improve the performance of those around them. For example, sometimes a compliment or some nice words can do a lot to boost an employee's self esteem and efficiency.

This is a very useful trait in modern management, since modern workplaces rely more on open communications and team work.

8 0
3 years ago
How do we know how much to fix when selling a house?
Sophie [7]
Depending on the location if the house and how much you want to sell it for. Just make sure basic things such as Holes in wall’s are fixed or more noticeable details. Otherwise if the house is in good shape and appliances, heating, water are all fine then not a lot.
5 0
3 years ago
Which of the following activities does NOT belong to the controlling phase of project​ management?
nignag [31]

Answer:

D. define the project

Explanation:

The project is defined in the initiation phase.

The Project Initiation Phase is the 1st phase in the Project Management Life Cycle, as it involves starting up a new project. You can start a new project by defining its objectives, scope, purpose and deliverables to be produced.

7 0
3 years ago
You short sold 500 shares of Jasper stock at $41 a share at an initial margin of 60 percent. What is the highest the stock price
avanturin [10]

Answer:

Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}

And if we replace we have this:

Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}

Px= 46.857 \ approx 46.86

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

See explanation below.

Explanation:

For this case we define the following notation:

N= 500 represent the number of stocks for JAsper

P = 41 represent the stock price

M1 = 60% = 0.6 represent the initial margin

Px represent the highest stock price the variable of interest for this case

M2= 40% or 0.4 represent the mainteneance margin

We can find the value of Px with the following formula on this case:

Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}

And if we replace we have this:

Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}

Px= 46.857 \ approx 46.86

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

5 0
3 years ago
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