Answer:
Supplies Expense 12500
Explanation:
<em>Bravo Unlimited</em>
<em>Adjustment Entry</em>
Date Particulars Debit Credit
February 29 Supplies Expense 12500
Supplies Account 12500
( Opening bal+ purchases- Ending bal= Expense= 2000+ 12000- 1500= 12500
At the month end Supplies were used for $ 12500 and supplies on hand are $ 1500.
On 2nd Feb the supplies account totalled $ 14000 but $5000 supplies had been expensed so the total amount of supplies used up is calculated by (Opening bal+ purchases- Ending bal= Expense) the formula given above.
The journal entries are shown below:
On December 31
Bad debt expense Dr $130,000 ($650,000 × 0.20%)
To Allowance for doubtful debts $130,000
(Being the bad debt expense is recorded)
On Feb 01
Allowance for doubtful debts Dr $325
To Account receivable $325
(Being the written off amount is recorded)
On June 5
Account receivable $325
To Allowance for doubtful debts Dr $325
(Being the written off amount is recorded)
On June 5
Cash Dr $325
To Account receivable $325
(Being the cash received is recorded)
Answer:
A [ supply chain ] consists of several companies acting together in a highly organized and efficient manner, while employing the same or similar techniques as a single vertically integrated company.
Whatever your age, you can make it happen.<span> Even those who start to save into a company pension at the age of 22 have less than an even chance of achieving an income equivalent to two-thirds of salary from their private and state pensions combined, according to the Pensions Policy Institute think-tank. </span>
Answer: b.Flexible pricing is common in most U.S. supermarkets.
Explanation: Flexible pricing this is a practice of pricing a product or service by act of negotiations between buyers and sellers, within a certain range. It is one of many different pricing techniques used by management to boost demand. e.g buying a car or house the price can be negotiated.
Unfortunately supermarkets use what is known as “zone price” what this means is that prices is usually dependent on neighborhood or region, the more competitive the region the lower it's price
