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2 years ago

The direct write off is used when:

Business

1 answer:

Thepotemich [5.8K]2 years ago

3 0

Answer:

The correct answer is letter "A": Uncollectible accounts are not anticipated or immaterial.

Explanation:

Direct write-off is a method used to record debts from credit sales. An allowance account is not used with this method but an account receivable directly written-off for the outstanding amount once it is determined to be uncollectible. This method is used for tax-reporting purposes.

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What is economic unity

NemiM [27]

Answer:

the state of different areas or groups being joined together to form a single country or organization.

Explanation:

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2 years ago

Why do some products have as packaged and as prepared and others only have as packaged

Marina CMI [18]

There are three major types of paper packaging: corrugated boxes, boxboard or paperboard cartons, and paper bags and sacks. Corrugated Boxes: Corrugated boxes are commonly used to carry heavier products such as appliances, electronic goods, wine, fruit and vegetables.

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3 years ago

A group of 10 people have the following annual incomes: $24,000, $18,000, $50,000, $100,000, $12,000, $36,000, $80,000, $10,000,

gogolik [260]

Answer:

48.65%

Explanation:

Given Income are written in increasing order

First Quintile 10,000 12,000

Second Quintile 16,000 18,000

Third Quintile 24,000 24,000

Fourth Quintile 36,000 50,000

Fifth Quintile 80,000 100,000

Total Income % share

First Quintile 10,000 12,000 22,000 5.95

Second Quintile 16,000 18,000 34,000 9.19

Third Quintile 24,000 24,000 48,000 12.97

Fourth Quintile 36,000 50,000 86,000 23.24

Fifth Quintile 80,000 100,000 180,000 48.65

Total income in the economy 370,000 100%

The percentage of the total income of the highest quintile is 48.65%

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2 years ago

When preparing the retained earnings statement, the beginning retained earnings balance can always be found a. in the general le

marta [7]

Answer:

a. in the general ledger

Explanation:

When preparing the retained earnings statement, the beginning retained earnings balance can always be found in the general ledger.

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2 years ago

PLEASE!!!

Cerrena [4.2K]

Answer:

The example that represents economic globalization is:

D. a Japanese store selling tea and spices from South Asia

Explanation:

The reason behind this answer is that globalization is the concept designed to understand the economic activity of a certain country outside its borders and engaging commercial activities in its zone with different countries or in zones further away. Then, because they are doing business around the globe they are doing a globalization economy.

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2 years ago