How to write 600,000+30,000+4,000+700+30 in word form?

Check my work Check My Work button is now enabledItem 3Item 3 3.16 points Exercise 7-6 Percent of accounts receivable method LO

Y_Kistochka [10]

Answer:

Journal entries

(a)

Dr. Bad Debt Expense $1,736

Cr. Allowance for Doubtful Accounts $1,736

(b)

Dr. Bad Debt Expense $3,398

Cr. Allowance for Doubtful Accounts $3,398

Explanation:

Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.

Closing Value of the Allowance for Doubtful Accounts will be as follow

Closing Balance = $75,500 x 4% = $3,020

(a)

As Allowance for Doubtful Accounts already have credit balance of $1,284, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $3,020 at the year end.

Adjustment Value = $3,020 - $1,284 = $1,736

(b)

As Allowance for Doubtful Accounts already have debit balance of $378, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $3,020 at the year end.

Adjustment Value = $3,020 + $378 = $3,398

8 0

4 years ago

Because it is Select one: a. neither excludable nor rival in consumption, a tornado siren is a public good. b. excludable but no

olga2289 [7]

Answer:

Because it is (a.) neither excludable nor rival in consumption, a tornado siren is a public good.

Explanation:

A tornado siren is an outdoor warning system that alert the public about an impending tornado danger, and thus expects the people to be prepared for an emergency, tune in to news for further directives or immediately seek safer shelter from impending tornado.

It does not exclude anyone for any reason and neither does it creates rivalry in consumption for the public usage. It is a straight forward alert that optimizes safety for all and sundry.

6 0

3 years ago

Read 2 more answers

A contract for a sale of land from Beachfront Properties Inc. to City Development Corporation contains an erroneous legal descri

Likurg_2 [28]

Answer:

The correct answer is c. reformation.

Explanation:

The reform is usually an initiative or a project that seeks to implement an innovation or achieve an improvement in some system or structure. Said reform may be made on something physical and concrete (such as a house), or on a symbolic or abstract question (a law, a mode of organization, etc.).

To reform legislation, the implementation of various mechanisms depending on the country or region is required. In general, a broad social consensus and agreement between different political sectors is required.

5 0

3 years ago

I WILL GIVE BRAINLIEST

Zielflug [23.3K]

Answer:

true...........................

6 0

4 years ago

Read 2 more answers

How are the project management processes that surround Scrum similar to and different to how the project management processes su

timurjin [86]

Answer: The answers are provided below

Explanation:

There are several similarities between the project management processes which surround scrum to the traditional project management processes which surrounds a project life cycle such as Waterfall. When one looks at each iteration as a project, one will see that Scrum planning meeting will be identical to planning meeting of the traditional project.

The daily standups in scrum will resemble the monitoring and the controlling of traditional waterfall with the exception that in scrum, its team monitors itself. A sprint would be the execution stage while the sprint review will be like project closure lessons that are learned. Sprint can be seen as small waterfall model project.

However, the main difference is in the scrum's team mindset versus the team of the traditional project management. Also, the process of work defining as being completed is different for the teams. Lastly, the method used by the scrum team in its approaches to work, team collaboration, responsibility acceptance, tasks definition and accountability are different from the traditional project management team.

A hybrid approach will be sensible in a large organization which has pockets of power. This is true for large retails that have old legacy systems in which frequent deployments aren't possible.

This is true for systems in which, testing can't be automated due to the fact that automated testing is a vital part for success for large scrum projects. In such organizations, it is sensible to use scrum for the teams which are able to move to scrum and waterfall can be used for other parts of the organization.

6 0

3 years ago