Answer:
The answer is: D) $5,800
Explanation:
The doubtful accounts should have a total balance of $6,000, representing 1% of total sales (= $600,000 x 1%).
Since doubtful accounts balance is only $200, you must entry a debit record of $5,800 (so that the total balance of that account is $6,000).
The answer is B. Changing to a different lifestyle.
When an entrepreneur enters a business market of a different country, it is encouraged that he/she will make personal contact with his/her new targets, armed with culture-specific information and courtesies, professionalism and consistency. His/her goal should be to enter a different culture, adapt to it and make it his/her own.
Answer:
e. No entry is made for this transaction.
Explanation:
When a corporation splits stocks it doesn't have to record any type of journal entry. This happens because no account balance actually changes, only the total number of stocks outstanding and the par value per stock will change. But the balance of the common stocks account will be the same.
This type of transactions are recorded in the footnotes or in a memo entry in the financial statements, but no journal entry.
Answer: external cause
Explanation:
Based on the information that's provided in the question, if Kumi gets audited this year, then he is likely to believe that the reason for the audit is due to an external cause, like the tax program that was used in the preparation of his taxes.
In such case, we can infer that the perception of Kumi is being influenced due to self-serving bias.
Answer:
The correct answer is the option B: Differentiate Pepsi from other types of soft drinks.
Explanation:
To begin with, the fact that the company is using the advertising as its major weapon when it comes to atract consumers and increase the number of sales then they are trying so desperetely to differentiate its brand from the other ones of the competitors and they do it by showing in their advertisements that they are superior to any other. And that strategy, the one of using the marketing campaing as a primary source of getting to the consumers, is in order to achieve a more high look from the point view of the consumers so they put their brand in a higher level regarding the competitors' brands.