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My name is Ann [436]
2 years ago
8

A situation that requires an adjusting entry that is not a prepayment or an accrual entry is:_________

Business
1 answer:
Semenov [28]2 years ago
3 0

Estimating bad debts is a circumstance that necessitates an adjusting entry that is neither a prepayment nor an accrual entry.

Bad debt: What is it?

Sometimes a firm needs to figure out what percentage of its receivables is recoverable when it comes time to prepare its financial statements at the end of the fiscal period. The two techniques of documenting bad debt are 1) direct write-off method and 2) allowance method, and they both involve recording the percentage that a company considers is uncollectible.

The significance of bad debt costs

Companies create financial statements at the beginning of each fiscal year or quarter. Investors and potential investors look at the financial accounts, thus they need to be trustworthy and honest.

to know more about bad debts

brainly.com/question/24871617

#SPJ4

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In 2000, Michael purchased land for $100,000. Over the years, economic conditions deteriorated, and the value of the land declin
PIT_PIT [208]

Answer:

D) $41,000 loss.

Explanation:

3 0
2 years ago
Four basic steps are used in an abc system. list the proper order of these​ steps, which are currently scrambled​ below:
alukav5142 [94]
First Identity the primary activities
Then goes select an allocation
Followed by calculating an activity
And finally allocate the costs

Hope this helps
7 0
3 years ago
How can I start for drug design to end up having a career as a drug designer?
MatroZZZ [7]

Answer:

Inorder to start for drug design to end up having a career as a drug designer, one needs to follow the processes below;

1. Discovery

2. Product characterization

3. Formulation, delivery, packaging development

4. Phamacokinetics and drug disposition

5. Preclinical toxicology testing and IND application

6. Bioanalytical testing

7. Clinical trials

Explanation:

Drug design is a method in which one develops new medicinal drugs based on the knowledge of a biological target.

The knowledge of the biological target is it's molecular make up. Once the molecular information about the target has been determined, the drug is developed to compliment the bio-molecular properties of the target.

The bio-molecular properties usually considered are the shape and the charge.

There are seven major processes to complete drug design. They are as follows;

<em>1. Discovery</em>

This starts with a target identification where the biochemical relationship involved in the disease condition. The interaction between a drug candidate and the drug target is determined using rigorous screening processes. A lead compound is chosen after effective review.

<em>2. Product characterization</em>

The candidate molecule is then classified and its characteristics noted.

<em>3. Formulation, delivery, packaging development</em>

Formulations for proper drug delivery parameters should be determined. This will include all parameters of shipment and storage to ensure proper and safe delivery.

<em>4. Phamacokinetics and drug disposition</em>

Pharmacokinetics(Pk) offer useful feedback to the formulation scientists. Pk offers parameters such as area under the curve and the maximum concentration of the drug in the blood and the time at which the maximum concentration is reached.

<em>5. Preclinical toxicology testing and IND application</em>

This involves the testing of the bio-activity, safety and efficacy of the formulated drug product

<em>6. Bioanalytical testing</em>

This is important for proper characterization of the molecule

<em>7. Clinical trials</em>

The clinical trial are conducted by grouping them into three types, majorly;

human pharmacology, therapeutic exploratory, and therapeutic confirmatory

6 0
3 years ago
Separation of duties refers to:
Bumek [7]
Making each manager personally responsible for his/her department
5 0
3 years ago
To receive a loan from the imf, a country must agree to make economic reforms. join the group of 20. agree to develop certain in
ValentinkaMS [17]

To receive a loan from the imf, a country must agree to make economic reforms and conditions related to that loans.

<h3>What are the condition to receive a loan from IMF?</h3>
  • To receive a loan from the IMF, a country must agree to make economic reforms.
  • It has to follow the conditions associated with loans, debt relief and financial aid.

So we can conclude that To receive a loan from the IMF, a country must agree to make economic reforms and conditions related to that loans. #SPJ4

Learn more about IMF here: brainly.com/question/10346932#

6 0
2 years ago
Read 2 more answers
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