Answer:
The answer is D I would say.
b) False
A store is laid out to keep people in so they purchase more items.
Answer: contingency plans
Explanation:
A contingency plan is a plan that's designed in order to take into consideration ever possible event or circumstance that may occur in the future.
The aim of a contingency plan is to help an organization hat back to its feet as soon as possible when an unforeseen event o circumstance happens.
Answer:
Explanation:
The government has two options, with regards to paying back its debts; taxation and open market operations. Through taxation, tax rates per unit may be increased, which subsequently raises enough money to be used to pay up the debt. As for open market operations, the government, through its treasury or exchequer may issue risk free treasury bonds and bills to members of the public at fixed coupon rates. Whatever funds raised from the bond and bill sale are eligible for repaying the debt.
Answer:
Bad debt expenses $ 12,080
Allowance for doubtful accounts $ 12,080
Explanation:
Accounts 4% of AR
That is $362,000 x 4% = $14,480 expected allowance.
The current balance = 2400 credit
<u>Journal entry:</u>
Debit Credit
Bad debt expenses [(362,000 x 4%) - 2400] $12,080
$12,080
(To record bad debt expense)