Answer:
$5,140
Explanation:
Data provided in the question:
Uncollectible Accounts receivable = $5,800
Balance of Accounts Receivable = $108,000
Allowance for Doubtful Accounts = $660
Credit sales during the year = $166,000
Now,
Bad debt expense = Uncollectible Receivables - Allowance of doubtful debts
or
Bad debt expense = $5,800 - $660
or
Bad debt expense = $5,140
Your KEY word is private. The companies may be limited liability, but because they are private, that means that they are privately owned. Privately owned companies are not traded on stock exchange. Often a corporation will issue stock in what’s called an Initial Public Offering. This is to raise capital and allows anyone from the public sector have access to ownership of the company through buying shares of stock. If the company were privately held, it would be owned by the employees or a few investors or a combination
Answer:
January 15, Year 5.
Explanation:
The Rico should decrease retained earnings by the amount of the dividend is declaration date.
The declaration date refers to date the board of directors of a company makes a formal announcement of when the next dividend will be paid. The declaration is therefore also referred to as the announcement date.
On the declaration date, liability account known as dividend payable account is created and credited, while the retained earnings is debited or reduced by the amount of the dividend.
From the question, January 15, Year 5 is the announcement date and it is therefore the date Rico should decrease retained earnings by the amount of the dividend.
Answer:
Service Corps of Retired Executives (SCORE
Explanation:
The SCORE is a non profit organization. Their members are retired executives who are engaged with the provision of free consultation and counseling services and also giving advices to entrepreneurs and small business owners.
This organization has offices in most parts of the united states and their services can be rendered in person or online. Their counseling services are in all areas and the client bears no charges.
This is called an occupational stress. <span> This comes from work, which is stress related.</span><span>
</span><span>There are many factors why people have occupational stress. T</span><span>he load of work, pressure, economic conditions at work and layoffs can lead to such stress. Stress can lead to poor health and behavioral changes.</span><span>
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