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prohojiy [21]
3 years ago
6

When a third party knows that an agent is acting on behalf of a principal, but does not know the identity of the principal, the

principal is________________?
Business
1 answer:
Amanda [17]3 years ago
5 0
Partially disclosed or unidentified
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`927487658732478597349579-3489812o798-1265946582399749-82635-`221-976489-6128-`6-495465487561298576087
valentina_108 [34]

Answer:

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Explanation:

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3 years ago
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If a company uses the balance sheet approach to estimate bad debt expense, bad debt expense for a period can be determined by: M
arlik [135]

Answer: d. Taking the difference between the unadjusted balance in the allowance account and the desired balance of the allowance account.

Explanation: Bad debt expense is an unfortunate cost of doing business with customers on credit and recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.

The balance-sheet approach for estimating bad debts expresses uncollectible accounts as a percentage of accounts receivable. That is, it takes the difference between the current balance of allowance for doubtful accounts and the amount calculated.

Therefore, if a company uses the balance sheet approach to estimate bad debt expense, bad debt expense for a period can be determined by taking the difference between the unadjusted balance in the allowance account and the desired balance of the allowance account.

8 0
3 years ago
3(q-5)=2(q÷5)<br><img src="https://tex.z-dn.net/?f=3%28q%20-%205%29%20%3D%202%28q%20%20%5Cdiv%205%29" id="TexFormula1" title="3(
Black_prince [1.1K]

the answer to the question is 75 over 13


5 0
3 years ago
The _____ is a financial statement that reports the revenues, expenses, and net income or loss that resulted from a firm’s opera
suter [353]

The Income Statement is a financial statement that reports the revenues, expenses, and net income or loss that resulted from a firm’s operations over an accounting period.

<u>Explanation:</u>

The Income Statement is one of the company’s center financial reports that confers their gain and loss over a remarkable time. The gain or loss is circumscribed by practicing all revenues and deducting all liabilities from both working and non-operating exercises.

The income statement is a vital element of a company’s execution reports that need to be yielded to the Securities and Exchange Commission (SEC). An income statement presents worthy insights into a company’s operations, the performance of its management, underperforming areas and its production applicable to industry rivals.

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3 years ago
Sells Company accounts for its investment in OFO, Inc. under the available-for-sale method. How should Sells Company record a ca
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Answer:

the journal entry should be:

Dr Cash X

    Cr Dividend revenue X

When a company holds securities as an investment and classifies them as available for sale (AFS), any dividends received will be recorded as revenue.

Dividend revenue is reported in the income statement.

7 0
3 years ago
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