The allowance for doubtful accounts has a normal credit account.
This account is a contra-asset account. Since assets have a normal debit balance, this account would have a normal credit balance.
Answer:
The correct answer is letter "A": factories often need fewer workers.
Explanation:
Automation is the introduction of machinery in manufacturing companies with the intention of mass-producing standardized goods in an attempt to reduce costs by using large lines of equipment instead of more human labor hand. While this represents an advantage for companies, it is a drawback for employees who see their job duties being handled to machines.
Automation is used in different industries such as <em>utilities, defense, </em>and <em>information technology.</em>
I think the answer is B: a person with a credit score of 760 with a small amount of debt who has had steady employment for many years.
