The best answer here would be
C.) index universal life insurance.
With life insurance it's not required by the state, therefore, you get to choose a specific plan that fits your desire for payments.
The correct answer that would best complete the given statement above would be option 1. objective. Based on the given situation above about how Betty's performance was evaluated, Betty experienced an objective appraisal method. It is objective since it is based on graphic rating forms. Hope this answer helps.
Answer:
The statement is: False.
Explanation:
There are four (4) types of economic utility: <em>form, time, place, </em>and <em>possession</em>. Form refers to how well a product accomplishes the satisfaction of a customer's needs which is not necessarily Pete's case. As he has access to the vending machine in his office building it will be fulfilling the place utility because it implies making products available where potential consumers might be.
Answer:
The entries is as followed:
February 2 2018
Dr Account Receivable 500
Cr Allowance for doubtful account 500
(to reverse receivable written-off)
Dr Cash 500
Cr Account Receivable 500
(to record cash collection from receivable)
Explanation:
As the company apply the allowance method, we apply the following steps to record collection of receivable which has already written-off:
+ First, we reverse the written-off accounting entry which had been made before with the amount of $500 ( Written-off entry: Dr Allowance for doubtful debt - Cr Account Receivable; Reverse entry as shown in the answer part);
+ Second, we record the collection of receivable by Dr Cash (increase) and Cr account receivable (decrease).