<span>Scarves, booties, and Christmas ornaments are simple projects a new knitter might take on before progressing up to more complicated projects such as a sweater.</span>
C) “But I believe that nonviolence is infinitely superior to violence, forgiveness is more manly than punishment...”
Answer:
B- affects the net realizable value of accounts receivable
Explanation:
The mechanics of the allowance method are that the initial entry is a debit to bad debt expense and a credit to the allowance for doubtful accounts (which increases the reserve). The allowance is a contra account, which means that it is paired with and offsets the accounts receivable account. When a specific bad debt is identified, the allowance for doubtful accounts is debited (which reduces the reserve) and the accounts receivable account is credited (which reduces the receivable asset). If a customer subsequently pays an invoice that has already been written off, then the process is reversed to increase both the allowance and the accounts receivable account, after which the cash account is debited to increase the cash balance and the accounts receivable account is credited to reduce the receivable asset.
I hope this explains your question.
The stage of the product life cycle that encompasses rapidly rising sales, very high profit levels, and a growing number of competitors is <u>Growth Stage.</u>
<h3>
What do you mean by Product Life Cycle?</h3>
A product goes through different stages in its development when it is first introduced into the market by the companies. These stages include the introductory stage, the growth stage, the maturity stage and the decline stage.
Product lifecycle is the main marketing stage is the growth stage where, the product of the company required most of the marketing in the product cycle.
The growth stage of a product's life cycle is one in which a product's starts to gain a lot of acceptance among consumers, the product industry and the public as a whole.
During this growth period also, sales and revenues start to increase as a result of the acceptance of the product. This stage enhance more productivity of the particular company or industry.
Learn more about Product life cycle, refer to the link:
brainly.com/question/7510515
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