Answer:
S/n Account Title and Explanation Debit Credit
a. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
b. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
Answer:
Barbara will have $210,349
Mary will have $188,922
Explanation:
Total time of investment is 40 years = age 67 - age 27
After 10 years, Barbara will have $27,633 (this figure used "FV" calculation in excel = FV(7%,10,2000)
Then Barbara put all $27,633 in next 30 years then she will have $210,349 = 27,633 x (1+7%)^30
Mary didn't now invest in first 10 years, but then invests $2,000 per year for the next 30 years, so she will have $188,922 = FV(7%,30,2000)
Public good are non-rivalry and non-excludable goods. People can benefit these goods without affecting and reducing its availability to others. Disease prevention by the government is purely public good since it is important to every individual and each person must not have any limitations in receiving these kind of prevention.
Answer:
Line
Explanation:.In these type of organizations, a supervisor exercises direct supervision over a subordinate. Also, authority comes from the top-most person in the organization to the lowest ranked worker in these organizations.
Answer:
an unpredictable and long work schedule
Explanation:
Being an entrepreneur requires a lot of effort, passion and time. The most scarce resource of all is time, since not even the richest person in the world can add more hours to a day. An entrepreneur must work a lot in order to make his/her company succeed and a lot of work takes a lot of time. An entrepreneur's work schedule is both unpredictable and extremely long. Such a combination is sometimes terrible for your personal life. That is why many entrepreneurs actually work with their partners, e.g. small businesses are generally run by families. If work will absorb so much of your time, you might share your work with your loved ones.