Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
Answer:
market trends change constantly, funding fall through, business partners flake, and ideas may go wrong
Answer:
price equals minimum average total cost
Explanation:
As we know that in the short run, the firms earns the economic profit but in the long run when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less
So this represents that price is equivalent to the average total cost
Hence, the last option is correct
The framers were insecure, and they doubted the public's ability to be politically capable and make good choices. They were concerned if the public would be able to come up with good political judgments.
A framer refers to a person, group, or organization that creates or frames laws, rules, plans, and systems of an institution. In the given sentence, the question is about the framers of political laws.
The public is sometimes swayed by the masses and also the media. They do not have the power to analyze and see the truth behind the politics of the rulers. Thus, it might be possible that the public might be swayed by some rulers and fail to make an unbiased judgment.
That is why the framers were concerned about the public's capacity to make good decisions.
To learn more about framers,
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Answer:
B. designing and implementing marketing mixes.
Explanation:
Marketing mixes means the use of various tactics, tools or/and techniques employed by an organization in promoting their brand or product to the market or target consumers. It is the combination of various components in order to strengthen a product in the market. It involves combining various techniques to influence consumers to purchase an organization's product. Here, Wesley electronics designs and implements marketing mix by employing various methods of advertising, such as print, broadcast, and online advertising.