Answer:
The statement is True as well as correct
Explanation:
Allowance method is the financial term which is defined as the uncollectible accounts receivable procedure that reports the estimate of the bad debt expense in the same accounting or fiscal year as the sale.
Under this method, it is used to adjust the accounts receivable which appears on the balance sheet.
For example,
If the company has the credit sales of $800,000 in December and estimate that the 4% will be uncollectible. Then using this method, computing the uncollectible as:
Bad debt expense = Sales × Estimate uncollectible
= $800,000 × 4%
= $32,000
So, this estimate the bad debt expense rather than wait to see which customer will not able to collect.
No, most likely it’s a scam. People like to scam people to get money now a days. It’s just a way for “easy” money for people who are desperate!
The scenario that's illustrated by Wegman is simply known as A. Job enrichment.
<h3>What is job enrichment?</h3>
It should be noted that job enrichment simply means a process whereby there are different dimensions added in order to make a job more motivating.
In this case, employees are empowered to meet customer needs without seeking a manager's permission abs this is an example of job enrichment.
Learn more about job enrichment on:
brainly.com/question/5948212
The answer is macroeconomics
The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.
<h3>What is a
degree of leverage?</h3>
This means how much a firm operating income changes in response to a change in sales.
Because the Firm C has a low debt, this means its has the lowest degree of leverage when compared to others.
Therefore, the Option C is correct.
Missing options "90% Debt, 10% Equity
30% Debt, 70% Equity
20% Debt, 80% Equity
50% Debt, 50% Equity"
Read more about degree of leverage
<em>brainly.in/question/8720374</em>
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