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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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Please help me anyone (picture attached)
sergey [27]

Answer:

Im not entirely sure, but i think

2. Should be D

3. Should be A

(i could be wrong but im about 90 percent sure those r right)

Explanation:

3 0
2 years ago
Which of the following statements regarding Federal Reserve independence is​ incorrect?
hichkok12 [17]

Answer:

The correct answer is option D

D. The​ 14-year non-renewable terms for governors effectively insulate the Board of Governors from political pressure

Explanation: Option D is incorrect regarding federal reserve independence.

8 0
3 years ago
The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8
Soloha48 [4]

Answer:

The journal entries for all transactions are as follows;

Explanation:

June 8. Bad Debts Expense            Dr.$8,440

             Accounts-Receivable-Kathy Quantel  Cr.$8,440

Aug 14. Bank                Dr.$3,000

             Bad Debt Expense Dr. $9,500

             Accounts Receivable-Rosalie Oakes            Cr.$12,500

Oct 16. Accounts-Receivable-Kathy Quantel    Dr.$8,440

            Bad Debts Expense                               Cr. $ 8,440

         

           Cash                         Dr. $8,440

           Accounts-Receivable-Kathy Quantel   Cr.$8,440

Dec 31.   Bad debt Expense     Dr. 24,955

              Account Receivable-Wade Dolan Cr.$4,600

              A/R-Greg Gagne                             Cr.$3,600

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             A/R- Shannon Poole                         Cr.$2,975

             A/R-Niki Spence                                Cr.$6,630

6 0
3 years ago
What is a federal reserve note in simple terms?
valina [46]
Federal reserve notes are the marks on money like the serial number, U.S emblems, and the signatures. They show that the money is an American Dollar.
6 0
3 years ago
You work for a local convenience store. At the end of 2nd shift, 11PM, any foods in the heated kiosk are to be discarded. Money
Yuliya22 [10]
Well this is a good question I think its not
4 0
3 years ago
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