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leonid [27]
3 years ago
7

Use the following information to answer the next two questions: Q14 and Q15. The Cavallas Co. had the following balances in sele

cted accounts on 12/31/10. Balances in Selected Accounts: Account Debit Credit Accounts receivable 100,000 Allowance for doubtful accounts 1,000 Bad Debt Expense 0 Sales 500,000 Sales returns 50,000 14. The company estimates that 4% of Accounts Receivable will never be collected. The adjusting journal entry to record the estimate of bad debt expense is:
Business
1 answer:
Annette [7]3 years ago
3 0

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>

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Answer:this is the correct answer

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2 years ago
how do you know a selection device is valid? what are the possible consequences of using invalid selection methods? how can an o
solniwko [45]

Poor quality and unsuitable candidates will frequently be hired as a result of an ineffective staff selection process. If it is unreliable, it will make the<u> negative effects</u> worse and ultimately kill the organization.

<h3>Define the term invalid selection methods?</h3>

Validity is a gauge of how effective a particular strategy is. A selection procedure is legitimate if it increases your chances of selecting the best candidate for the position.

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3 0
1 year ago
an object travels 16 metre in 4 seconds and then another 16 metre in 2second what is the average speed of the object
Zigmanuir [339]

Answer:

6m/s

Explanation:

Given the information :

an object travels 16 metre in 4 seconds and then another 16 metre in 2second.

what is the average speed of the object?

First portion of travel:

Distance = 16 meters

Time = 4 seconds

Second portion:

Distance = 16 meters

Time = 2 seconds

Speed is calculated as the proportion of distance traveled to the time taken.

Speed = distance / time

First portion :

Speed attained

Distance / time = speed

16 meters / 4 seconds = 4m/s

Second portion:

Speed attained

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16 meters / 2 seconds = 8m/s

Average speed :

(first portion + second portion) / 2

(4m/s + 8m/s) / 2

12m/s ÷ 2

= 6m/s

5 0
3 years ago
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