Answer:
d .Accounts Receivable
Explanation:
Accounts receivables are amounts that a business expects to receive from its customers for goods and services sold on credit. In many instances, customers do not pay for deliveries immediately. In practice, a 30- 60 days credit period is allowed. Within this period, the customer is expected to make full payments for the goods.
In accounting, these expected payments are recorded as accounts receivables.
Should customers fail to make payments against account receivables, they convert to bad debts or uncollectable debts.
In summary, bad debts, uncollectable debts, and doubtful debts were initially accounts receivables. They changed status due to non-payments by customers.
Answer:
The answer is c. remains constant in total with changes in the level of activity.
Explanation:
In a cost structure of a firm, for decision-making purpose, it is usually divided into fixed cost and variable cost.
Variable cost is the type of costs which will increase following an additional production of an extra unit of product/service, that is, level of activity has been risen up given the production is taken place. A good example of these cost are material cost, labeling cost.
Fixed cost, as it name may tell, is costs that are unchanged regardless of a firm's activities level. That is, regardless of how many product/service is produced, these costs remain the same. A good example of these cost are depreciation cost, rental cost.
Answer:
debit to supplies and credit to accounts payable.
Explanation:
On accrual accounting when an expense is incurred and revenue is earned it is recorded. The business does not have to give out cash or recieve cash to recognise the revenue or expense.
In this instance Tamarisk Inc recieved supplies worth $520. Although they had not paid cash for it the liability needs to be recorded.
When one buys on account it means product is bought on credit and is payable later.
The entry passed is a debit to supply account (asset account) to recognise increase in supplies, and a credit to accounts payable (liability account) to show an increase in money owed to the supplier.
Thiamine deficiency would eventually lead to a mental disoreder named <span>Wernicke-Korsakoff syndrome. This mental deficiency involves nerve damages in both the central and peripheral nervous system. On the other hand, riboflavin defiency would likely cause anemia and dermatitis.</span>
The sector that lost more jobs due to technological change is the Banking sector.
Technological improvement entails the advancement of technology in carrying out business activities supposed to be performed by employees.
The increase in use of software technology means that industries and jobs that relies on employees effort will now rely on computers.
Therefore, the sector which lost more job due to the technological changes is the Banking sector because more software technology are now used, thus resulting to lay-off of bank workers.
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