The term that is being described above is brain storming. This is the method where in a group will likely be joined together or be face to face in which they have to share thoughts or ideas in which that shows that they are having a discussion. This allows the group to think of solutions to the problems or new ideas that will be of help to the group.
It should be noted that When using the allowance method, the adjusting entry includes a credit to Allowance for Doubtful Accounts debit to Bad Debt Expense.
<h3>What is allowance method?</h3>
The allowance method can be regarded as a method which involves setting aside a reserve for bad debts which could come up in the future.
The reserve is done on percentage of the sales generated in a reporting period,
Learn more about allowance method at;
brainly.com/question/4636062
Answer:
9.6%
Explanation:
To find her rate of return we have to first determine the total gains on her investment, from which the total cost will be subtracted and then the rate of return can be calculated.
<u>Inflows</u>
Dividend = $0.5*300 shares = $150
Sales........=$33.75*300 shares = $10,125
Total inflow...................................= $10,275
Outflow
Purchase of shares = $31.25*300 shares = $9,375
Returns = Inflow - Outflow = $10,275 - $9,375 = $900
Rate of returns = 900/9,375 = 0.096 or 9.6%
Answer:
Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below:
Financial accounting. ...
Public accounting. ...
Government accounting. ...
Forensic accounting. ...
Management accounting. ...
Tax accounting. ...
Internal auditing.
hope my ans helps
please give brainliest to my answer
be sure to follow me
stay safe
have a good day
