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GaryK [48]
4 years ago
5

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of t

he adjustment when applying which method? A. direct write-off methodB. percentage of sales methodC. Analysis of receivables methodD. both (b) and (c)
Business
1 answer:
lara [203]4 years ago
3 0

Answer:

B. percentage of sales method

Explanation:

Under the Allowance  method there are two ways of analysing the credit sales, one is defining a percentage of the total credit sales, basis in the economy situation and the past events about credit sales, the percentage is determined to estimates allowance for doubtful accounts.

The other way, that isn’t named in the option is through the aging method which classifies the account receivables into diferents age group and estimates the  allowance for doubtful accounts considering the age of each group and asigning a percentage for each one.

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Campbell's soup used several advertising campaigns that stressed the benefits of soup in general. for example, one tagline used
enot [183]

Answer:

The correct answer is letter "A": generic problem recognition.

Explanation:

While talking about how consumers recognize problems, generic problem recognition refers to a marketing strategy by which different features of a product are promoted highlining the benefits it carries over satisfying the same need. The more features are presented of the product, the more chances to increase its market share.

Therefore, <em>by portraying consumers the different benefits of its soup, Campbell aimed to stimulate the generic problem recognition.</em>

7 0
3 years ago
A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the tra
Aleksandr-060686 [28]
Debit Advertising expense $400, credit accounts payable 400.
6 0
3 years ago
Getaway Travel Company reported net income for 2021 in the amount of $68,000. During 2021, Getaway declared and paid $18,000 in
Lynna [10]

Answer:

$0.35 per share

Explanation:

According to the scenario, computation of the given data are as follows,

Net income = $68,000

Preferred cash dividend = $18,000

So, we can calculate the basic earning per share by using following formula,

Basic Earning per share = ( Net income - Preferred cash dividend) ÷ Outstanding common shares

= ($68,000 - $18,000) ÷ [( 58,000 × 2) + (28,000 × 2 × 6/12)

= $50,000 ÷ [ 116,000 + 28,000]

= $50,000 ÷ 144,000

= $0.35 per share

4 0
3 years ago
When creating a data backup plan or policy, what five basic questions should be answered?
Tresset [83]
Each establishment, whether small or big, government-owned or private companies, always have to backup their files in case of emergencies. As you make your backup plan, you must come across these five basic key questions:

1. Are you backing up all your data? You have to sort your files to be backed up because storage can be limited.

2. How often is your data backed up? You must make sure to back up your data on a regular basis, if not day-to-day.

3. Who is responsible for your backups? For big companies, it is too big of a task for one person to shoulder. Usually, this is tackled by a department, usually the I.T. Department.

4. Do your backups actually work? You should test regularly if these back ups actually work by restoring data files every now and then.

5. Do you have right backup checks and balances in place? The I.T Department tackling backup plans is one thing. But there should also be checks and balances so that you have a backup of your backup. It's better to be safe than sorry.
6 0
3 years ago
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her c
Alexxx [7]

Answer:

Yea janelle like to keep all her savings good for her

Explanation:

5 0
3 years ago
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