Amount of bad debts adjusting entry = 0.7% * 945,000 = 0.7/100 * 9450,000 = $6,615
The amount of the bad debts expense adjusting entry = $6,615
Answer:
The labor market operates in the US and other free-market systems according to the laws of supply and demand. Workers or laborers offer their time to the marketplace for a price. Business firms have a demand for labor of various kinds at various prices.
Explanation:
Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B
Explanation:
Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.
Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.
Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.
Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.
Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.
Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.
$12,425 you just need to subtract how much he gets in grants from how much he owes
Answer:
The answer is bribery.
Explanation:
Bribery is a term used to describe the unethical practice by which a person or group of persons give/promise money or gifts to another person or a group of persons (the recipient) in order to make the recipient take actions that would favour the giver.
Bribery mostly takes place in public institutions where the recipient is most likely a public official. It is important to note that Bribery does not only describe giving. It also implies taking. Thus both givers and recipients of bribes are guilty of bribery.
The unethical practice called bribery has universal spread as evident in the local name given to it by citizens of different countries. In Japan, it is known as kuroi kiri (black mist). Germans call it schmiergeld (grease money), Mexicans say la mordida (the bite), the French refer to it as pot-de-vin (jug of wine), while Italians call it bustarella (little envelope).
