I think it’s a, sorry if I’m wrong though
Answer:
Explanation:
The journal entries are shown below:
(a) a $415 credit balance before the adjustment.
Bad debt expense A/c Dr $685
To Allowance for Doubtful Accounts $685
(Being bad debt expense recorded)
Since the allowance for doubtful debts have a credit balance so this amount will be deducted. The computation is shown below?:
= (Outstanding accounts receivable × uncollectible rate) - credit balance
= ($55,000 × 2%) - $415
= $1,100 - $415
= $685
(b) a $291 debit balance before the adjustment.
Bad debt expense A/c Dr $1,391
To Allowance for Doubtful Accounts $1,391
(Being bad debt expense recorded)
Since the allowance for doubtful debts have a debit balance so this amount will be added. The computation is shown below?:
= (Outstanding accounts receivable × uncollectible rate) + debit balance
= ($55,000 × 2%) + $291
= $1,100 -+$291
= $1,391
Hello there !
Your answer would be A hope this helps
People do go on vacation. Why this result in disciplinary action is that DBPR needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.
<h3>What is a Florida DBPR license?</h3>
The Department of Business and Professional Regulation (DBPR) is known to be a regulatory agency responsible with the licensing and monitoring of businesses and professionals in the State of Florida.
Since Harry is away, DBPR may needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.
See full options below
DBPR needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.
The storage unit might catch fire and no-one would be able to rescue the documents.
FREC only gives 24 hours notice to inspect records and he would be fined if they could not gain access to them.
There is not a problem since his Admin Assistant is good at taking messages and would make an appointment for them to come back when he has returned.
Learn more about vacation from
brainly.com/question/24314569
