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OLga [1]
3 years ago
6

Where is unemployment such that employment is below the full-employment level plotted on a production possibilities frontier?'?

Business
1 answer:
Ksivusya [100]3 years ago
3 0
Such employment would fall outside the  production possibilities curve as the values plotted on that curve would be the minimum unemployment levels. The usual figure to use is % unemployment so  most likely the differing levels shown would be for unemployment ie 10% above the curve and say 5 % on the curve.


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Haven Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $600,
Katena32 [7]

Answer:

Debit Bad debt expense   $19,000

Credit Allowance for doubtful debt   $19,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

Amount that may be uncollectible

= 4% *  $600,000

= $24,000

Given that the Allowance for Doubtful Accounts has a $5,000 credit balance before adjustment, the additional amount to be adjusted for

= $24,000 - $5,000

= $19,000

7 0
3 years ago
The payment of accounts payable would
Tema [17]
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Hope that helps
3 0
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When ann taylor, a well-known retailer of sophisticated women's clothing, started losing sales to its own loft outlets that feat
Digiron [165]
It is known as cannibalization 
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Lorico [155]

Answer:

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6 0
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Explanation:

The following is contextual translation of the <em>English</em> sentences to Spanish sentences:

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Question 2:

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Question 3:

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Question 4:

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