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m_a_m_a [10]
3 years ago
12

When a company uses the allowance method to measure bad​ debts, ________.

Business
1 answer:
Phoenix [80]3 years ago
6 0
<span>When a company uses the allowance method to measure bad​ debts, </span><span>the amount of bad debts expense is estimated at the end of the accounting period. 

The allowance method is used when adjusting accounts receivable on the balance sheet. This refers to amounts that have not been collected yet, such as bad debt.
</span>
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Dakota, Inc. is a merchandiser of medallions. The company sold​ 15,100 units during the year. The company has provided the fol
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Answer:

$19.21

Explanation:

The computation of the unit cost per item is as follows:

Beginning merchandise inventory $52,000

Add: Purchases + freight in   $293,000  ($280,000 + $13,000)

Less: Ending merchandise inventory -$54,900

Cost of goods sold     $290,100

Now the cost of goods sold per unit is

= $277,100 ÷ 15,100 units

=  $19.21

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3 years ago
The presence of media hubs, coalitions focusing on specific environmental challenges, and headquarters for multinational corpora
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Answer: B

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3 years ago
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Miller's office building with an adjusted basis of $625,000 and a fair market value of $885,000 is condemned on December 30, 201
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Answer:

1a. Recognized Gain $20,000

1b. Basis $625,000

Explanation:

1a. Calculation for Miller's recognized gain using this formula

Miller's recognized gain =Condemnation award-Costs of building a new office

Let plug in the formula

Miller's recognized gain=$850,000-$830,000

Miller's recognized gain=$20,000

Therefore Miller's recognized gain will be $20,000

1b.Miller's basis

Based on the information given we were told that Miller's office building had an adjusted basis of the amount of $625,000 which simply means that Miller's BASIS for the new office BUILDING will be the amount of $625,000

Therefore the Basis is $625,000

4 0
2 years ago
Which element of the marketing mix is most relevant to the activity "creating value"? select one:
defon
The answer is "price".

The marketing mix alludes to the arrangement of activities, or strategies, that an organization uses to advance its image or item in the market.There are 4 p's included in the marketing mix, that are; promotion (communicating value), product (creating value), price (capturing value), and place (delivering value).
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3 years ago
What is one way that business writing is different from argumentative writing? A. Business writing uses a specific structure, wh
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Answer: I think

Explanation:

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3 years ago
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