Developmentalists contend that because biological, cognitive, and socioemotional elements interact with one another, life-span development is multidimensional.
PERIOD DEVELOPMENT
Lifespan development is the process of growth throughout a person's life, from conception to death. Understanding all of the psychological, social, and cognitive changes that people go through requires a broad perspective. Since people adhere to a wide range of cultural traditions and ideals, this field of study is both broad and diverse.
What is multidimensional development?
The term "multidimensional development" recognizes the complexity of human development. Instead, the term "human development" is inclusive and covers a large range of potential components, such as:
Social advancement
Healthcare\
Education
societal cohesion (societies work together)
economic growth
Income
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The interest rate and how well the product is selling.
Answer:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
Explanation:
Preparation of What adjusting Journal entry should the company make at the end of the current year to record its estimated bad debts expense
Based on the information given the adjusting Journal entry that the company should make at the end of the current year to record its estimated bad debts expense will be:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
(Net Sales 2,200,000*Estimated 2.0% of net sales)
(Being to record estimated bad debts expense)
I'm pretty sure it's option D
A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability.
<h3>What is contingent liability?</h3>
A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits. Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities.
When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet. The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable.
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