Answer:
C. Debit Accounts Receivable and credit Allowance for Doubtful Accounts for $3,500; debit Cash and credit Accounts Receivable for $3,500.
Explanation:
The journal entry is given below:
Account receivable Dr $3,500
To allowance for doubtful debts $3,500
(being the account receivable is recorded)
Here account receivable is debited as it increased the assets and credited the allowance as it decreased the assets
Cash dr $3,500
To account receivable $3,500
(being collection is recorded)
Here cash is debited as it increased the assets and credited the account receivable as it decreased the assets
<span> Excise taxes are most always included in goods like this</span>
1.Bankruptcy
It is a process a business goes through in federal court. It is designed to help your business eliminate or repay its debt under the guidance and protection of the bankruptcy court.
2. Financial risk
it is the possibility of losing money on an investment or business venture. Some more common and distinct financial risks include credit risk, liquidity risk, and operational risk. Financial risk is a type of danger that can result in the loss of capital to interested parties.
3. Founder risk
it considers who the founders of the company are, if they get along, and how they will work for the company.
4.Product risk
it takes into account the engineers creating new product for the business and how they will recruit other product engineers.
Answer
a little late but the answer on edg2020 is C. $109
Explanation:
Answer:
The correct answer is letter "B": The quantity demanded of hot dogs increases, and the demand for hot dog buns increases.
Explanation:
According to the demand theory, as long as the price of a product decreases the quantity demanded increases. The theory explains the relationship between the price and quantity demanded of a good or service within a market. That relationship is said to be <em>inversely proportional</em>.
In that case, if the price of the hot dogs is reduced by half, the quantity demanded is likely to increase. Supplementary goods such as hot dog buns are prone to see an increase in their demand.