Answer:
Bad Debt Expense ($40,000 - $3,200) $36,800
To Allowance for Doubtful Accounts $36,800
(Being the bad debt expense is recorded)
Explanation:
The adjusting entry is shown below:
Bad Debt Expense ($40,000 - $3,200) $36,800
To Allowance for Doubtful Accounts $36,800
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the value of the assets
And since there is a credit balance so the same is deducted from the account receivable
Answer:
supervisor, owner or manager
Explanation:
It is always the supervisor, owner or manager's duty to train an employee working in the food industry about the handling procedures and compliance with health policies.
Taking into consideration the specifics of each food industry (various countries and standards), the person in charge should handle proper training or provide adequate courses which teach the employees how to handle food and ensure that the health or food hygiene factors are respected.
3. Both of you, because you both like the jeans
Answer:
24 years
Explanation:
The rule of 72 is used to determine how long it would take an investment to double.
Time = 72 / r
72 / 3= 24 years
I hope my answer helps you
