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stich3 [128]
3 years ago
9

Establishing an Allowance for Doubtful Accounts under the allowance method is necessary because a. uncollectible accounts that a

re written off must be accumulated in a separate account. b. collection agencies use this account to accumulate attempts to collect worthless balances. c. estimates must be made when recording bad debt expense and it is not possible to know which specific accounts will not be collected. d. a liability results when a credit sale is made.
Business
1 answer:
faltersainse [42]3 years ago
6 0

Answer: Establishing an Allowance for Doubtful Accounts under the allowance method is necessary <u><em>because estimates must be made when recording bad debt expense and it is not possible to know which specific accounts will not be collected.</em></u>

Allowance for doubtful accounts is a diminution of accounts receivable and is recorded as a write-off straightaway beneath accounts receivable that is appearing on a organization balance sheet.

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4 years ago
Dominique owns an international grocery store, the World Food Market, where customers can purchase foods and canned goods from o
Svet_ta [14]

Answer:

Imports

Explanation:

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5 0
4 years ago
Run-of-the-Mills provides your marketing firm with the following data: When the price of penguin patties decreases by 20%, the q
aalyn [17]

Answer:

Penguin patties and kipples should be advertise together.

Explanation:

The cross-price elasticity formula is:

CPE= % Δq of good A/ %Δp of good B

The CPE of penguin patties and raskels is:

CPE= -22%/-20%

CPE= 1.1

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The CPE of penguin patties and kipples:

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You should advertise complementary goods together because both could be positively benefited by advertising. If the demand for good A increases, it is probable that the demand for good B increases too. If you advertise substitute goods, people will always prefer one, then the advertising will only be effective for one of the good but not for both.

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What is a capital factor of production?
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I think it is 4 the work
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