<span>The journal entry to record the initial write-off includes is allowance for doubtful accounts. Allowance for doubtful accounts is a contra account to accounts receivable, and therefore has debit balance. It also needs to be diminished because you already used the bad debt when you make the allowance.</span>
Answer:
Corporate espionage.
Explanation:
Corporate espionage is the act of utilizing espionage techniques for business or financial purposes. We normally consider "espionage" regarding spies taking a shot at benefit of one government attempting to get data about another.
Answer: The correct answer is False.
Explanation: When a customer pays off their credit card balance in full each month there is not a finance charge, which makes this answer false. Interest in not charged to a credit card account until the prior month’s balance is not paid in full.
Answer: Debit Notes Receivable 7,800
Sales(to record sales) 7,800
Explanation:
When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.
here, sales = $7,800 = Debit Notes Receivable
The entry to record the sales transaction would be
Debit Notes Receivable 7,800
Sales(to record sales) 7,800
Answer: The use of promotional signage
Explanation:
A promotional signage is a method of advertisement where special offers are displayed at strategic points by a business to the public to attract customers to patronize the business. Manila in her is making use of promotional signage to draw the attention of potential buyers to her store.
