Answer:
the amount of bad debt expense for the adjusting entry is $8,210
Explanation:
The computation of the amount of bad debt expense for the adjusting entry is shown below:
= Unadjusted trial balance × estimated percentage - credit balance of allowance for doubtful accounts
= $130,500 × 7% - $925
= $9,135 - $925
= $8,210
Hence, the amount of bad debt expense for the adjusting entry is $8,210
Answer:A
Explanation:
Veracity : This simply means conformity with truth or facts. Since Bjorn felt that the focus group did not give him fact, he would hereby, adopt veracity to achieve his secondary research.
Answer:
b) natural resources
Explanation:
Natural resources refer to valuable materials found beneath, above, and on the earth's surface. They are naturally occurring, meaning no human effort is required in producing them. Natural resources make a good source of wealth. Examples of natural resources are land, mineral, oils and gas, forests, water, sunlight, wind, and many others.
Anyone with access to natural resources can invest to make them marketable products. Extraction of oil and refining is an example of investing in natural resources. Processing of trees to wood, use of solar to generate power are other examples.
Answer:
Et cetera is ur answer for this question
Answer:
Sales $480,000
<em>Less: Expenses (Bal Figure) $419,500</em>
Less: Write Off Account <u>$7,700 </u>
Net Income <u>$52,800</u>
If Allowance Method Is Used
Sales $480,000
Less: Expenses $<em>419,500</em>
Less: Write Off Account (1.5% of 480,000) <u>$7,200</u>
Net Income <u>$53,300
</u>