What's the List? Of words ofc?
Explanation: It may be "Wage Gap" Though.
Answer: The journal entries for each of the transactions are:
a) Debit Credit
Bad debt expense $10,550
Allowance for doubtful accounts $10,550
b) Debit Credit
Allowance for doubtful accounts $1,100
Accounts receivable $1,100
Explanation:
a) There was already an existing un-adjusted balance in the allowance for doubtful accounts of $10,800, meanwhile Blackhorse has estimated the amount to be $21,350 based on aging method. Simply subtract $10,800 from the $21,350 to arrive at $10,550. The above entries apply to recognize this additional provision.
b) Subsequent to year end, there was a write-off of $1,100, this means the accounts receivable balance would be reduced by this amount; same applies to the buffer (allowance account). The entries above apply.
Answer:
The answer is: B) He should check out the enterprise zones in Arizona
Explanation:
Enterprise zones were created to attract new businesses and investments to certain urban areas by offering tax concessions, infrastructure incentives and reduced regulations. Companies usually can locate for free there (some give out land to businesses for free), and the business don't have to pay certain taxes for doing so (usually local and/or state taxes, but sometimes even some federal taxes).
Answer:
100% vesting upon plan entry
Explanation:
Vesting is a term in retirement that means ownership. Meaning that every employee owns (vest) a certain percentage of the account in their plan for each year.
100% vesting means the employee owns Al of his account, the employer cannot forfeit or take it back for any reason.
A qualified plan providing eligibility for all employees age 21 and older with 2 years of service and highly compensated employees are eligible. This will require 100% vesting upon plan entry
I think it's D but I can't say I'm 100% sure..