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3 years ago

Which of the following industries have been deregulated in recent years

Business

2 answers:

Rus_ich [418]3 years ago

7 0

The answer is airlines trust me it is correct

Deffense [45]3 years ago

3 0

It is C: Airlines

under the airlines deregulation act, the federal law removed the government's control over fares route and market entry however the act should not remove or diminish overall aspect of air safety by the federal aviation administration.

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The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending D

alexdok [17]

Answer:

The year-end adjusting entries for the uncollectible accounts will be:

April 13:

Debit Allowance for doubtful accounts $6,530

Credit Accounts receivable $6,530

(To record write-off of accounts receivable - Dean Sheppard)

May 15:

Debit Cash $3,270

Credit Accounts receivable $3,270

(To record collection on account - Dan Pyle)

Debit Allowance for doubtful accounts $5,410

Credit Accounts receivable $5,410

(To record write-off of accounts receivable - Dan Pyle)

July 27:

Debit Accounts receivable $6,530

Credit Allowance for doubtful accounts $6,530

(To re-establish accounts receivable from Dean Sheppard)

Debit Cash $6,530

Credit Accounts receivable $6,530

(To record collection on account - Dean Sheppard)

December 31:

Debit Allowance for doubtful accounts $13,330

Credit Accounts receivable $13,330

(To record write-off of accounts receivable - Miscellaneous)

Explanation:

April 13: Shipway Company wrote-off account of Dean Sheppard, this means there would be a reduction in both allowance for doubtful accounts and accounts receivable.
The receipt on May 15 of $3,270 reduced the accounts receivable but increased cash. However, the write-off of $5,410 caused a reduction in both the allowance account and accounts receivable.
When there was a receipt of $6,530 on July 27, the accounts receivable would be reinstated and then adjusted for the cash receipt.
Lastly, the write-off of the uncollectible accounts from miscellaneous customers were added up to arrive at $13,330.

8 0

3 years ago

What are the different systems of management in buisnesas.

Komok [63]

Answer:

Different types of management systems ranging from the point-of-sale systems, accounting systems, lead management, e-commerce, communication systems, and project management solutions are available to small businesses for the smooth running of operations.

Explanation:

7 0

2 years ago

Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payment

grandymaker [24]

Answer:

Explanation:

Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.

To determine this, we proceed as follows;

Interest payment for the first year = 30000*7% i.e 2100

Principal amount paid = Total amount paid - Interest amount

= 7317 -2100 i.e 5217

Notes payable should be reduced by 5217

4 0

3 years ago

Read 2 more answers

When an economy suffers from low production, a country cannot

Mumz [18]

A country cannot enjoy a steady rate of economic growth if an economy suffers from low production.

There would be no way to keep up with demand, take advantage of economies of scale, etc. This would make it difficult to sustain growth into the future.

8 0

3 years ago

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Jonas enters into an oral contract with Chelsea to lease his house to her for $100,000. Chelsea pays him $100,000 and moves in.

nevsk [136]

Answer:

Both parties have to continue with the contract since it cannot be rescinded because it has already been executed, Chelsea is living in the house and Jonas received the money. Since they probably will need a written contract for tax purposes, they can sign a contract with the same terms.

7 0

3 years ago