The answer is C) communist ideology because all other are the factors of production except this one.
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Answer:
The necessary adjusting entry would include a credit to the allowance account for $40080
Explanation:
Marigold Corp.'s Account Balances
At December 31, 2020
Accounts Receivable $917000 Debit
Allowance for Doubtful Accounts $1920 credit
Bad Debts $42000
Unadjusted Balance of Uncollectibles $ 1920
<u>Estimated Balances $ 42000</u>
<u>Required Adjustment $ 40080</u>
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The data tells that the Allowance for Doubtful Accounts has a credit balance of $1920 the required adjustment to the allowance for doubtful accounts is $ 40080. The required entry is
Bad debts Expense 40,080 Dr.
Allowance for Doubtful Accounts $40,080 credit
Answer:
Net income = $3000
C. $ 3 comma 000
Explanation:
For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.
In this case.. There is only a buy and a sell trade.
Net income= selling price- cost price
Net income= $52000-$49000
Net income = $3000
Answer:
C) violated the Sixth Amendment right to a jury trial.
Explanation:
Federal Sentencing Guidelines should be guided by the following principles:
- The court should order the organization to remedy any harm caused.
- If the primary purpose of the organization was to commit crimes, then the court should set a fine that strips away all the assets from the organization.
- The court should set fines based on how serious the offenses were and the degree of culpability of the organization.
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The court can impose a probation sentence if it believes that the organization will take steps to reduce the likelihood of future criminal conduct.
The sentencing guidelines should offer incentives for organizations to eliminate criminal conduct.
