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Gemiola [76]
3 years ago
9

Name two different methods for evaluating evidence. compare and contrast these two methods.

Business
1 answer:
BARSIC [14]3 years ago
5 0

The two different methods for evaluating evidence are the quantitative method and the qualitative method.

The quantitative method is where it is based on measurements and statistics or analysis of data by gathering with the use of surveys and questionnaires.

The qualitative method is focused on having to show explanations or opinions regarding about the study of which will develop ideas and identify or have insights regarding about the problem.

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On June ​1, 2018​, Perfect Performance Cell Phones sold $ 17,000 of merchandise to Ashton Trucking Company on account. Ashton fe
inn [45]

Answer:

See answers and explanation below.

Explanation:

1. Journalize the transactions for High Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold.

<u>Date          Details                                 Dr ($)               Cr ($)               </u>

1 Jun. 18    Account receivable           17,000

                 Sales revenue                                            17,000

<u><em>                  To record sales to Ashton Trucking Company on account.</em></u>

15 Jul. 18   Cash                                     6,000

                  Account receivable                                    6,000

<em> </em><u><em>                  To record cash received from Ashton Trucking Company.  </em></u>

5 Sep. 18   Bad debt                              11,000

                 Account receivable                                      11,000

<em> </em><u><em>                 To record accounts receivable from Ashton written off.      </em></u>

5 Mar. 19   Account receivable              11,000

                 Bad debt                                                       11,000

<em> </em><u><em>                 To record transfer of bad bad back toaccounts receivable.    </em></u>

5 Mar. 19   Cash                                     11,000

                  Account receivable                                    11,000

<em> </em><u><em>                  To record cash received from Ashton Trucking Company.  </em></u>

2. What are some limitations that High Performance will encounter when using the direct write-off method?

a. It is not in line with the matching principle. This is because bad debt expenses will not be reported in the same period they are incurred and might not be realized as bad expenses until the following period.

b. It can cause inaccurate balance sheet as it does give the actual amount of accounts receivable of a company.

c. It method of recording violates GAAP and financial statements does to present the actual financial performance of the business.

d. It overstates accounts receivable as the full amount of amount owed to the company from credit sales will be reported as accounts receivable.

6 0
3 years ago
How do cellphone companies promote their product?​
lord [1]

Answer:

they promote there company by advertising the product making commercial

7 0
3 years ago
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Austere Realty, a real estate company, ensures that its web page always shows up high among the list of results whenever a user
Phantasy [73]

Answer:

The correct answer is the option C: Search engine optimization.

Explanation:

To begin with, the name of "Search Engine Optimization" or SEO refers to the process used by companies that focus on improving the quality and quantity of the website traffic related to a website that comes from search engines. Meaning that this process seeks for the way to get those websites to be find more easily by the consumers depending on how much related they are to what the consumers look for on the engine searchers. That is why that in this case, Austere Realty is actively engaged in search engine optimization due to the fact that they always ensure that its web page shows up high amoing the list of results of the search engine.  

7 0
3 years ago
Balerio Corporation's relevant range of activity is 9,000 units to 14,000 units. When it produces and sells 11,000 units, its av
Anna11 [10]

Answer:

$302,500

Explanation:

The computation of total amount of product costs is shown below:-

Product cost for 11,000 units = Direct material + Direct labor + Manufacturing overhead cost incurred

= ($7.30 + $3.90 + $2.20 + $14.10) × 11,000

= $27.50 × 11,000

= $302,500

Therefore for computing the total amount of product costs we simply applied the above formula.

5 0
3 years ago
Money includes only the few types of wealth that are regularly accepted by sellers in exchange for goods and services. true or f
Rom4ik [11]

Answer: True

Explanation: think about reality what do people do for money

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3 years ago
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