Cash may not include <u>accounts receivable</u>. The Option C is correct.
<h2>What is
Cash?</h2>
Cash means a money in the physical form of currency such as banknotes and coins. In accounting, cash is a current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.
The amount of the adjustment for uncollectible accounts would be $14,060. The Option D is correct.
<h2>What is an
uncollectible accounts?</h2>
An accounts uncollectible refers to those receivables, loans or other debts that have virtually no chance of being paid. An account may be called an uncollectible for many reasons such as debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor or lack of proper documentation to prove that debt exists.
The adjustment for uncollectible accounts is computed as follows:
= (Accounts receivable * Rate of uncollectible accounts) - Allowance for uncollectible accounts
= ($246,000 x 6%) − $700
= $14,760 - $700
= $14,060
Read more about uncollectible accounts
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Answer:
The correct option is (B)
Explanation:
The main objective of creating a portfolio is to minimise the overall risk of investments. Two investments with the same correlation signs are riskier because, if one investment gives a negative return, the other investment will do the same. The combined loss is more than the loss one investment will sustain. The portfolio is always constructed by adding investments with opposite correlation signs.
Because most of their food consists of chicken? They barely have any beef on their menu
Answer:
B. Pull Strategy
Explanation:
Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their body shops use Glasis paint is an example of how a company uses a pull strategy.
