The adjusting entry to record accrued interest on a note payable requires a debit to

1 answer:

7 0

The adjusting entry to record accrued interest on a note payable requires a debit to Interest Expenses and a credit to Interest Payable. Interest payable is an ongoing duty account that is used to report the amount of interest that has been obtaining but has not yet been paid as of the date of the balance sheet.

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Which of the following describes the function of geodemographic segmentation? It determines the type of lifestyles that consumer

Svet_ta [14]

Answer: <u><em> It identifies the specific households in a market by focusing on local neighborhood areas and creates classifications of neighborhoods where people live and shop</em></u>.

Explanation:

Geo-demographic segmentation is a classification technique used in marketing to discover whether the entity of a population fall into different groups by making comparing various characteristics with certain assumption.

Geo-demographic segmentation is based on principles such as:

People who live in the same neighborhood have similar characteristics.

Neighborhoods can be classified in terms of the characteristics of the population.

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Pavel [41]

Answer: Option D

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In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.

Hence from the above we can conclude that the correct option is D.

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3 years ago

Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the

frosja888 [35]

Answer:

Adjustment balance will be $13800

Explanation:

We have given estimated uncollectible accounts are $11,000

And doubtful account is $2800

We have to find the balance after adjustment

Balance after adjustment will be sum of uncollectible accounts and doubtful account

So the adjustment balance will be equal to $11000 + $2800 = $13800

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