The allowance for doubtful accounts credited, instead of accounts receivable when recording the adjusting entry for bad debts Because accounts receivable is made up of numerous client accounts, it cannot be credited unless it is known which particular customer will not pay.
The provision for questionable accounts is referred to as a "counter asset" since it reduces the value of an asset, in this example, the accounts receivable. The compensation, often known as a doubtful account, is management's projection of the amount of accounts receivable that customers will not pay. Let's assume, using the aforementioned example, that on June 30 a business reports an accounts receivable debit balance of $1,000,000. The business predicts that $50,000 will not be converted into cash and expects some consumers won't be able to pay the full amount.
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Answer:
d. Transactions exposure.
Explanation:
Transactions exposure -
It is the level of uncertainty involved in a business in the international trade face .
It is the risk which currency exchange rates would fluctuate after the firm has taken a financial obligation .
The high level of vulnerability to shift the exchange rates can lead to the loss of the major capital for the international business .
Hence from the information of the question , the correct answer is d. Transactions exposure .
Answer:
a
Explanation:
with a credit card number that can access you money, name, and your d.o.b
with a d.o.b they cant do anything bc a lot of ppl have the same birthday
phone number they cant do anything bc more than 1 person have the same number like if someones bill wasnt paid, they recycle the #.
place of birth a lot of ppl were born at the same hospital
Answer:
Answer is D. Informational.
Refer below.
Explanation:
Estelle is trying to create an advertising message that communicates the tangible features of her company's laptop computers, telling consumers about the relative advantages of her products as compared to other offerings in the market. Estelle is trying to create an informational appeal.
Answer: Option (c) is correct.
Explanation:
Given that,
Round off the values of items to the nearest half dollar are as follows:
Item 1 = $2.00
Item 2 = $1.00
Item 3 = $3.50
Item 4 = $10.00
Item 5 = $6.00
Estimated total cost of items = Item 1 + Item 2 + Item 3 + Item 4 + Item 5
= $2.00 + $1.00 + $3.50 + $10.00 + $6.00
= $22.50
Hence, nearest value is $22.50.
Therefore, option (c) is correct.
