Writing off an uncollectible account affects _______

Penny Smooth, a U.S. trade negotiator, is using which conflict resolution technique if she makes the following statement to the

otez555 [7]

Answer:

E) Superordinate goals

Explanation:

Superordinate goals refers to goals that in order to be achieved, require that opposing or confronting sides of a negotiation process start to work together. Penny must be able to break down barriers in order to encourage people on opposite sides to view each other as people wanting to work and a company trying to do business, instead of someone or some group that we just dislike. That is essential for overcoming the differences that exist between both groups.

3 0

4 years ago

Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate off

Rainbow [258]

Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate office. this is an example of <u>telecommuting.</u>

<u></u>

Communication (from the Latin communicate, meaning to share or relate) is "the apparent response to the painful division between self and other, private and public, inner thought and outer world.

As this definition suggests, communication is difficult to define in a consistent way because, in common usage, communication refers to a very wide variety of actions involved in the dissemination of information.

Peters argues that the difficulty in defining communication stems from the fact that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. doing.

learn more about Communication here. brainly.com/question/26152499

#SPJ4

3 0

2 years ago

In November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000. Alan made the appropriate year-end

Dafna11 [192]

Answer:

The journal entry as of march 1 will be:

Debit Notes payable $27,000

Debit Interest payable $450

Debit Interest Expense $450

Credit Cash $27,900

Explanation:

payable amount = $27,000

Issued on 1st Nov

Term = 120 days

Maturity on 1st march.

Days from 1st Nov to 31st Dec = 60 days

Days from 1st Jan to 1st March = 60 days

Total 61 + 59 = 120 days

Interest expense from 1st Nov to 31st Dec

= 27000 x 10% x 60/360

= $ 450

This $450 has been debited as Interest expense and Credited as Interest payable on Year end Accrual.

Interest expense from 1st Jan to 1st March

= 27000 x 10% x 60/360

= $450

One maturity, 1st March, cash payment would include $27000 (amount of notes payable) + $900 (interest amount = 27000 x 10% x 120/360).

Total cash payment = $ 27,900

This cash payment of $27,900 will be credited.

Interest expense (1st jan to 1st march) of $450 will be debited.

Interest payable (1st Nov to 31st Dec) of $450 will be debited, and

Notes payable amount of $27,000 will also be debited.

Therefore , The journal entry as of march 1 will be:

Debit Notes payable $27,000

Debit Interest payable $450

Debit Interest Expense $450

Credit Cash $27,900

7 0

3 years ago

Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek

Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0

4 years ago

Consider an investment opportunity set formed with two securities that are perfectly negatively correlated. The global minimum-v

Marta_Voda [28]

Answer:

equal 0.

Explanation:

If both stocks are perfectly negatively correlated, then the standard deviation will always be 0. For example, if the variance of stock A is -0.5, then the variance of stock B will be 0.5, so the standard deviation will be 0. The variance of each stock will cancel the variance of the other one.

5 0

4 years ago

Writing off an uncollectible account affects ________ under the allowance method.