he operating expense recorded from uncollectible receivables can be called all of the following except c. bad receivables expense.
Customers' outstanding debts for goods or services they have received but haven't yet paid for are referred to as accounts receivable. For instance, the amount owing when clients buy things on credit is added to the accounts receivable. It is a debt incurred as a result of a commercial transaction.
The term "accounts receivable" describes the unpaid bills or cash that customers owe a business. The term describes accounts that a company is entitled to get since it has provided a good or service.
Receivables, also known as accounts receivable, are a company's line of credit that typically include terms that call for payments to be made within a somewhat short time frame. Usually, it varies from a few days to a fiscal or calendar year.
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Answer: Increase / Gain of $36,000
Explanation:
Remeasurement loss, which arises from conversions of the various currencies used by the company to a functional currency, goes to the Income statement and is subtracted from the Net income.
Translation gains on the other hand, are added to the Other Comprehensive income.
The other comprehensive income will therefore increase by the translation gain of $36,000.
Answer:
c) activities through which a product or service is created and delivered to customers.
Explanation:
A value chain is the entire range of activities that a company undertakes to create a product or a service. These activities include design, production, marketing and distribution. A manufacturing company will have its value chain processes start with the procurement of raw materials and end when the product is sold.
Companies will, from time to time, perform value chain analysis. Value chain analysis involves a detailed examination of all the business processes and procedures. The purpose of the analysis is to improve the efficiency of the value chain. An efficient system of production has cost-saving benefits to the organization.
Explanation:
The Journal entry is shown below:-
On Jan 31
Allowance for doubtful accounts $2,800
To Accounts receivable - C. Green $2,800
(Being the uncollectible amount is recorded)
Mar 09
Accounts receivable - C. Green $2,300
To Allowance for doubtful accounts $2,300
(Being the written off amount is recorded
Mar 09
Cash $2,300
To Accounts receivable - C. Green $2,300
(Being the payment is received is recorded)
The captains of industry like J.P. Morgan<span> respond to signs that the stock market was about to </span><span>collapse by meeting each other and trying to save the market. J.P. Morgan invited the leading bankers and financial experts to his home where they set up a shop in his library. They labored to channel money from strong institutions to weaker institutions to keep them afloat. Their efforts improved the condition of the economy over several weeks.</span>
