Answer:
The amount of Bad Debts Expense should be recorded when the year-end adjusting entry is prepared is $4,788
Explanation:
As the company use Percentage of sales method for estimating bad debt, the Bad Debt expenses for the year will not be dependent on the Opening balance of Allowance for Uncollectible Accounts, instead, it is recorded at the amount of Net Credit Sales x Percentage of uncollectible from Credit Sales.
Thus, we have bad debt expenses for the period is Net of Credit Sales x Percentage of uncollectible from Credit Sales = 798,000 x 0.6% = $4,788.
The detailed adjusting entry for Bad Debt Expenses at year-end is:
Dr Bad Debt Expense 4,788
Cr Allowance for uncollectible accounts 4,788
Answer: Brian will have $700 dollars to pay the medical bill balance
Explanation: You already know your total is $3,000. Subtract 3,000 - 2,300, which will give you $700.00
Answer:
a. She tends to work to develop trusting relationships with subordinates.
Explanation:
since in the given situation it is mentioned that sherry to be called as the very task oriented person in order to manage the subordinates so as per the given situation the first option is correct as it is not describe her behavior that she develop the relationship with the subordinates in a trust worthy way
So the option a is correct
Answer:
The statement is not true.
Explanation:
Financial statements are the one which is made by the management of the company and it represents the financial position and the performance of the company at a particular point of time. So, it can not serve as a basis for the management that they could develop the expectation where the company will stand in the future years or periods.
The need that the electronic pencil fill is the need to erase errors associated with what has been written down digitally.
<h3>What is the potential market for the product?</h3>
The potential market for electronic pencil is the global digital pen market and the global market as a whole.
<h3>What type of consumer good is electronic pencil product?</h3>
The type of consumer good of electronic pencil product is Specialty products.
<h3> How will you distribute the product?</h3>
One can distribute the product via online platforms such as social media, online stores and marketplace, etc.
<h3> What are the other questions that need to be answered before a decision is made?</h3>
- The lifespan of the product.
- Does it have effect to the human skin
- Is it feasible.
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