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FrozenT [24]
2 years ago
13

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

and allowances write-offs of specific customers sales on account estimated bad debts from the adjusting entry
Business
1 answer:
docker41 [41]2 years ago
8 0

The Allowance for Doubtful Accounts T-account will have the  <u>estimated bad debts from the adjusting entry</u> sales discounts .

Doubtful account

An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable. The allowance, sometimes called a bad debt reserve, represents management's estimate of the amount of accounts receivable that will not be paid by customers.

Learn more doubtful account here :

brainly.com/question/15409074

#SPJ4

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The management of Vimonland Theme Park sells that proprietary rights of all the park rides toan investment company to operate on
julsineya [31]

Answer:

a. licensor

Explanation:

The licensor is the person or company that have the rights on an idea, product, service, etc, and gives the licensee limited permission to market that. In this case, Vimonland Theme is a licensor because the company gives the rights to an investment company to operate a franchise.

8 0
3 years ago
Which of the following is a general two-year college-level degree?
inysia [295]

Answer:

an associate's degree

Explanation:

An associate's degree is an undergraduate, two-year degree program. The associate degree transposes into the first two years of a bachelor's degree. It intends to equip students with the necessary technical skills and academic knowledge required in the workplace. An associate degree prepares a student for further study in their chosen field.

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8 0
3 years ago
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Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co
White raven [17]

Answer:

Disposible income.

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Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given:  MPC = 0.80

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consumption increase =  0.80*$1000

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Therefore, The consumption will increase by  $800.

7 0
3 years ago
Vertical space can be utilized to gain more storage space?<br> True or False
alexandr402 [8]
<span>True. Vertical space can be used for more storage space, however in most storage units only fifty percent of the total storage is not utilized. Using vertical space will increase the storage space</span>
6 0
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The correct answer is "Add the decrease to the net income in operating activities."

7 0
3 years ago
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