Answer:
$16,300
Explanation:
When a company makes sales on account/credit, revenue is recognized as long as the recognition criteria is met. The entries posted are debit accounts receivable and credit revenue.
Should the company assess that part (or even all) of these receivables may be incollectible, a provision is made. This requires that the amount so determined by the company that may be incollectible is accounted for by
Debit Bad debt expense
Credit Allowance for doubtful debt
Hence the bad debt expense to be recorded is $16,300
She would have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .
Simple interest
10000 x .07 = 700
700 x 5 = 3500
total 13500
Compund interest
10000(1.06)^5 = 13382.26
13500 - 13382.26 = 117.74
118 rounded
Learn more about simple interest and compound interest here :
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Answer:
Free blacks in the United States:
b. sometimes became wealthy enough to own slaves.
Explanation:
- The option a is not correct as the statement which states that black could testify in court and vote in most states but carry firearms only with the approval of the local sheriff is wrong.
- The option c is not correct as the they had no same rights as white in North.
- The option d is also incorrect as they didn't not make up one-third of the African-American population in the South.
- The option e is also incorrect as the they didn't tend to live in rural areas if they lived in the lower South.
- The option b is only correct as the free blacks in the United States became so much wealthy so they can get someone as a slave.
Answer:
The correct answer is: marginal product; average product of labor
Explanation:
Marginal product of a resource or input can be defined as the increase in output because of employing an additional unit of that resource or input.
It can be calculated by the ratio of change in output to change in input.
The variable factor in the short run is labor. Average unit produced by each labor unit is termed as the average product of labor.
It is calculated by the ratio of total output to quantity of labor employed.