There are eight types of management in business. <span />
Answer:
the amount of bad debt expense for the year 2020 is $36,000
Explanation:
The computation of the amount of bad debt expense is shown below:
= Estimation of 3% net sales that would be uncollectible
= 3% of ($1,500,000 - $300,000)
= 3% of $1,200,000
= $36,000
Hence, the amount of bad debt expense for the year 2020 is $36,000
The same is to be considered
An unsecured loan certificate issued by a company, backed by general credit rather than by specified assets.ORa long-term security yielding a fixed rate of interest, issued by a company and secured against assets.
Seriously just google it
Answer:
$2,000
Explanation:
Payment include repayment of Capital Amount and Payment of Interest expense
Therefore the balance in the Instalment Note Payable account after making the first annual payment is
Answer: Longer-term project
Explanation:
At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.