Answer and Explanation:
The journal entry is shown below:
Cash Dr $98,800
Finance charge Dr ($120,000 × 1%) $1,200
To Liability - Financing Arrangement $100,000
(being receipts of cash is recorded)
Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance
Answer:
Debit bad debt with $4,000, and credit Accounts receivable also with $4,000.
Explanation:
New bad written off = Accounts receivable × 4% = $100,000 × 4% = $4,000
The journal entries will be as follows:
<u>Details Dr ($) Cr ($) </u>
Bad debt 4,000
Accounts receivable 4,000
<u><em>Being a bad written off the accounts receivable </em></u>
Answer: Orientation to internal, unique self
Explanation: In simple words, orientation refers to the process of determining the position of one self or the others with respect to a particular situation.
In the given case, Joey has to make a decision that impacts his personal life and he has to make it himself. Therefore, the confusion he is having about the decision depicts that he is at the stage of internal orientation.
When analyzing the feedback on an evaluation form, a trainer should look for------ items where there is a pattern of low ratings
What Does Feedback Mean?
Feedback is an event that occurs when the output of a system is used as input back into the system as part of a chain of cause and effect. This alters variables in the system, therefore resulting in different output and consequently different feedback as well, which can either be good or bad
Why is feedback so important?
Feedback improves learner confidence, motivation to learn and ultimately, a learner's attainment. It's also what your people want - 65% of employees say they want more feedback. Feedback comes in many shapes and forms. You can deliver feedback episodically, in isolated instances or on an ongoing basis.
Learn more about feedback:
brainly.com/question/25653772
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12. Which of these was a criticism of Bush's No Child Left Behind Act?