Answer:
Bad debts expenses Debit $ 11,750
Allowance for uncollectible receivables Credit $ 11,750
Explanation:
The allowance for uncollectible accounts receivables balances are calculated as a percentage of the receivable balance.
The receivable balances as at December 31, 2018 is
Services provided on account $ 154,000
Cash collections received <u>$ 107,000</u>
Receivables from services uncollected <u>$ 47,000</u>
Estimated percentage considered uncollectible 25 %
Allowance for uncollectible accounts $ 47,000 * 25 % = $ 11,750
Answer:
Hi,
The correct answer option is (D)
Explanation:
A minimum of a high school diploma or an associate is required for a person to be a childcare teacher.A common credential in this case could be a certificate in Child Development Associate( CDA) which is required in most states.A state licence can come in handy when applying for this job position.
Answer:
Yes.
Explanation:
The company currently has HR units, fiscal units, and purchasing units at each plant. This can be costly for the company since all these units incur cost and have to be paid for separately.
By centralizing the operations, that is, bringing these functions together in one location, Corey will need fewer employees. Hence, he shall be able to save costs by having to pay lower salaries. Moreover, there shall be greater consistency as work across various plants shall not be done by the same employees.
Although the costs of travel shall increase for the company, the cost savings in the form of lower salaries should definitely outweigh this increase.
