Journal entries
Dr Allowance for uncollectible account $41,000
Cr Account Receivable $41,000
Dr Account receivable $3,600
Cr Allowance for uncollectible account $3,600
Dr Cash $3,600
Cr Account receivable $3,600
No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day day before the first day of the meet.
<h3>What is
director?</h3>
The term director refers to the senior management team of companies and other significant organizations. The phrase is commonly used with two separate meanings, the choice of which is affected by the organization's size and worldwide reach, as well as the historical and geographic context.
The directors are normally in charge of the company's management and have the authority to exercise all of the company's functions. The amount of their jurisdiction, however, may be limited by the Companies Act of 2006 and the articles of association.
A director is defined as someone who supervises a job or project. A department head is an example of a director. A director is someone who is in charge of constructing anything.
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Answer:
Intervention
Explanation:
Structural change is defined as a change to corporate structure that can be as a result of internal or external factors and affects the mode of operation of the company.
Intervention are measures taken to improve organisation structure and processes.
It seeks to minimise negative effects and maximise effectiveness of the organisation.
This is the ideal stage for formal and organisational change to occur.
New systems can be put in place that will remove inefficiency in the business.
Answer:
$3.75
Explanation:
As we already know that
Direct materials quantity variance = (Budged pounds of direct material - Actual pounds of direct material) × Standard rate
$1,500 unfavorable = (4,400 pounds - 4,800 pounds) × Standard rate
$1,500 unfavorable = 400 × Standard rate
So, standard rate is
= $1,500 ÷ $400
= $3.75
We simply applied the above formula
