1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GaryK [48]
3 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]3 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.

You might be interested in
If the expected sales volume for the current period is 7,500 units, the desired ending inventory is 263 units, and the beginning
pentagon [3]

Answer:

Total production for the current period is expected to be 7420 units.

Explanation:

The current production should be enough to meet the required units needed for the desired ending inventory and the units needed to meet the current sales after adjusting for the opening inventory of units that is available. Thu,s the current production requirement will be,

Production = Closing Inventory + Sales - Opening Inventory

Production = 263 + 7500 - 343

Production = 7420 units

7 0
3 years ago
What a example of a social news site
scoundrel [369]

Explanation:

  • It encourages people community to post their news
  • The news can be posted for a group or to a general public too
  • The group or the general public can comment on the news
  • The news which is interesting based on the reviews will be given the top priority

Example:

Reddit - A large site with huge number of user  

Digg - This is also quite popular and it has different categories of news where the user can view news based on his/her interest.

6 0
3 years ago
Delayed product delivery is less of an issue when compared to delivering a faulty product, which can potentially cause harm. Thi
iogann1982 [59]

Answer:

A) high magnitude of consequences.

Explanation:

Delayed product delivery is less of an issue when compared to delivering a faulty product, which can potentially cause harm. This is because delivering a faulty product has a high magnitude of consequences.

The customer is the king in the market, the company can not afford to lose reputation by a delivery faulty product. Especially in the era of social media, these mistakes can cause loss of market share and can potentially damage the credibility of the company´s product, which could take lot of time to rebuild. It may also affect other product of the company to lose reputation.

3 0
2 years ago
Financial statement users typically begin their assessment of permanent earnings with:
kirza4 [7]

Answer:

income from continuing operations.

8 0
3 years ago
Annie's team has just finished a major project and the team has, after a long time, got some free time on hand. However, for the
Natasha_Volkova [10]

Answer:

B.

Explanation:

B is giving a bit of a impersonal approach, and comes across as just pushing company rules, especially by attaching a company policy.  Her response should be more precise with options.  Annie does not provide that in response B.

5 0
3 years ago
Other questions:
  • Consider two people who are currently out of work. Tim would like to work but he is not looking for work because there have been
    7·2 answers
  • Candice, owner of Green Solar Panels, has found that some of her department managers were using management by objectives, but th
    9·1 answer
  • You want a new cell phone. Which of these sources would be the most dependable?
    12·2 answers
  • Record the following process costing transactions in the general journal
    13·1 answer
  • Which of the following approaches to process improvement could be described as competitive​ benchmarking? A. Employees at XEROX
    13·1 answer
  • On December 2, Year 1, Flint Corp.'s board of directors voted to discontinue operations of its frozen food division and to sell
    14·1 answer
  • A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require
    8·1 answer
  • Catalog companies are committed to selling at the prices printed in their catalogs. a. If a catalog company finds its inventory
    10·1 answer
  • Cathlene runs a cake shop. Her primary goal is to set up the largest chain of cake shops in the city. Another goal of Cathlene's
    8·1 answer
  • Denna Company's working capital accounts at the beginning of the year follow:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!