Answer:
Debit Bad debt expense $19,000
Credit Allowance for doubtful debt $19,000
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.
Amount that may be uncollectible
= 4% * $600,000
= $24,000
Given that the Allowance for Doubtful Accounts has a $5,000 credit balance before adjustment, the additional amount to be adjusted for
= $24,000 - $5,000
= $19,000
In the context of the different techniques used by an inference engine to manipulate a series of rules, <u>forward chaining</u> refers to a series of "if-then-else" condition pairs.
<h3>What is an inference engine? </h3>
An inference engine is a part of the system that applies logical rules to the knowledge base to deduce new information. The first inference engines were components of expert systems.
Therefore, the correct answer is forward chaining.
learn more about forward chaining: brainly.com/question/15303791
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Answer:
Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!
Explanation:
Answer:
True, through a multiple support agreement signed between 2 or more taxpayers that provide financial support to the same dependent.
Explanation:
Form 2120 allows taxpayers to claim deductions for a relative as a dependent on their tax returns, but since they do not pay at least 50% of their expenses, they cannot claim them under normal rules. Certain conditions must be met, the most important are:
- the taxpayer must pay for at least 10% of the dependent financial needs
- they must have signed a multiple support agreement (the other taxpayers waive their right to claim the person as a dependent).
Dominant culture: male, white, middle-class, English speaking, heterosexual
Not a member of: Chinese, transgender, poverty, etc.
