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yaroslaw [1]
3 years ago
10

The existing balance in the Allowance for Doubtful Accounts is considered in computing bad debt expense when using the percentag

e-of-receivables basis. The existing balance is ignored when using the percentage-of-sales basis. The existing balance in Allowance for Doubtful Accounts is considered in computing bad debt expense in the
Business
1 answer:
kolbaska11 [484]3 years ago
8 0

Answer:

The existing balance in Allowance for Doubtful Accounts is considered in computing bad debt expense in the percentage of receivables basis.

Explanation:

Percentage of receivables basis is preferred over direct write-off of bad debt expenses and is used in the calculation of bad debts, this is done by multiplying the accounts receivable by percentage of expected noncollectable debts and then subtracting accounts for bad debts are then subtracted from accounts receivable on the balance sheet and the result reported as net accounts receivable. It is used in calculating the bad debt expense in each account reporting period.

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List four people you know who would be good references to include on a job application. What is their relationship to you? Expla
kobusy [5.1K]

Answer:

Explanation:

Someone you have worked with previously (a coworker). They would be able to speak for how well you work with other people, how you contribute to the environment etc.

Boss from previous job. They can testify to the quality, quantity, regularity and consistency of work + how responsible and dependant you are.

Someone you do volunteer work with or anything extra-curricular related to job. Shows passion and character outside of a professional environment.

A teacher (if its your first job), who can show how well you learn new skills and how willing you are to be critiqued and improve.

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3 years ago
Two eastern European countries formed a free trade agreement. As a result, one of the countries that used to produce its own pla
Aleonysh [2.5K]

Answer:

Trade creation

Explanation:

Trade creation is the process where there is increase in economics welfare as a result of joining a free trade area for example a customs Union.

Consumption experiences a shift from high cost producers to low cost producers causing expansion in trade.

In the given instance due to formation of free trade agreement, high cost plastic production is now replaced with low cost import of plastics from the other company.

There is a shift from high cost producers to low cost producers as a result of trade agreement between the two nations.

3 0
3 years ago
William ibbs, a professor at the university of california at berkeley, found that high project management maturity results in __
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William Ibbs, a professor at the university of California at Berkeley, found that high project management maturity results in lower direct costs of project management.

Project management is the process of directing the work of a team to achieve all project goals within given constraints. This information is typically documented in the project documentation created at the beginning of the development process. The main constraints are scope, time and budget.

Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives within agreed parameters and according to project acceptance criteria. Project management has the end result of being constrained by tight time frames and budgets.

Learn more about project management here:brainly.com/question/17310758
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8 0
2 years ago
The focus groupis meeting on Tuesday.The policy is too old; itneeds to be revised.The management teamwants to hire new warehouse
erastovalidia [21]

Answer:

The verbs in these sentences are:

1. is

2. needs

3. wants

4. buys

5. feel

6. recommend

7. has

8. makes

9. uses

10. shows

Explanation:

Verb is a word in a sentence which describes an action of a person. It is the word which gives understanding about the task performance in a sentence. The verb can be single or multiple in a single sentence. The choice of verb is dependent on the noun. There are 4 forms of verb which are used in a sentence.

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3 years ago
The fact that financial services are more plentiful and easier to access means that
DaniilM [7]
A. consumers need to be better informed about what services are available and what those services cost.
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