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MatroZZZ [7]
1 year ago
10

identify the reason(s) that accountants use a sales returns and allowances account: multiple select question.

Business
1 answer:
Sloan [31]1 year ago
5 0

The reason(s) that accountants use sales returns and allowances account to keep a complete record of sales returns and allowances to calculate operating efficiency.

An accountant is a practitioner of accounting or accountancy. Accountants who have verified competency through their expert associations' certification exam ·​rely on ·​ing ə-: the device of recording and summarizing commercial enterprise and monetary transactions and reading, verifying, and reporting the effects. also: the principles and tactics of this gadget. they studied accounting as a freshman. : work executed in accounting or by using accountants.

An Accountant facilitates agencies making critical monetary decisions by collecting, tracking, and correcting the corporation's budget. they may be accountable for economic audits, reconciling financial institution statements, and making sure financial information is correct for the duration of the yr.

Learn more about accountants here: brainly.com/question/25568979

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Yellow Inc. reports year-end credit sales in the amount of $209,000 and accounts receivable of $163,000. The company uses the ba
ss7ja [257]

Answer:

The estimated balance uncollectible using the balance sheet method is $4,727.

Explanation:

In the balance sheet method, the Estimated balance uncollectible is calculated using the percentage of the closing accounts receivables. As account receivables are reported in the balance sheet of the company.

In the income statement method, the Estimated balance uncollectible is calculated using the percentage of sales value because the sale is reported in the income statement.

Estimated balance uncollectible = Accounts receivable x estimation percentage

Estimation percentage = 2.9%

Accounts receivable = $163,000

Placing values in the formula

Estimated balance uncollectible = $163,000 x 2.9%

Estimated balance uncollectible = $4,727

4 0
3 years ago
A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost i
Dahasolnce [82]

Answer: 140000 dollers

Explanation:

5 0
3 years ago
Following the bursting of the housing bubble in 2005, KB Homes sold ________ new homes and its stock price ________ dramatically
kicyunya [14]

The available options are:

A)fewer; rose

B)fewer; fell

C)more; rose

D)more; fell

Answer:

1. Fewer

2. Fell

Explanation:

Considering the scenario which led to losses, it can be concluded that Following the bursting of the housing bubble in 2005, KB Homes sold FEWER new homes and its stock price FELL dramatically. The result was total losses of $2.4 billion between 2007 and 2010.

3 0
3 years ago
Sears department stores used to plant employees in competitor stores to perform research and analysis. Recently the company impl
MariettaO [177]

Answer:

The correct answer is shopping bot.

Explanation:

A bot (robot apheresis) is a computer program that automatically performs repetitive tasks over the Internet, whose realization by a person would be impossible or very tedious.

Some examples of bots are the web crawlers of Internet search engines, which run through websites automatically and collect information from them much faster and more effectively than a person would. "Good" bots meet robot exclusion standards, which server operators can use to influence a robot's behavior within limits. "Malicious" bots are used, for example, to collect email addresses for advertising purposes, to make unauthorized mass copies of web content or to systematically spy on server software vulnerabilities in order to penetrate them . In social networks, bots are used to simulate human interaction, artificially inflating the number of visits or followers, or automating responses to position messages or influence debates. The so-called conversational bots are artificial intelligence systems that simulate a conversation with a person using natural language.

3 0
3 years ago
Ceteris paribus, based on the aggregate demand curve, if the price level _______ the quantity of real output _______ increases.
TEA [102]
The answer to your question Roxannecalixto is decreases and produced.
4 0
3 years ago
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