Hot countries so they will be warm
Answer:
The Journal entries are as follows:
(i) On March 11,
Bad debt expense A/c Dr. $45,000
To accounts receivable $45,000
(To record uncollectible accounts receivable)
(ii) On March 29,
Accounts receivable A/c Dr. $45,000
To Bad debt expense A/c $45,000
(To record reversal of written off accounts receivable)
(iii) On March 29,
Cash A/c Dr. $45,000
To accounts receivable $45,000
(To record receipt of cash from customer)
Answer:
revenue is recognized and determines how to account for it. Typically, revenue is recognized when a critical event has occurred, and the dollar amount is easily measurable to the company
Explanation:
examples:Sales Basis Method. With the sales basis revenue recognition methods, revenue is recorded at the time of sale.
Percentage of Completion Method
Completed Contract Method
I would invest in building my own house. This is appealing to me because I want to raise a family in a nice house that I have built.
Explanation:
1- Techniques: Corresponds to the skills and knowledge needed to perform business operations
Commercial: These are related to the purchase, sale and exchange process.
Financial: It relates to the demand, analysis of results and management of costs and risks of a company
According to Fayol, there are still 3 more basic functions of a company, which are: security, accounting and administrative, which is related to and integrates the other five functions.
2- The policies and strategies of a company must be related mainly to its essential purpose, described in its mission, vision and values statement.
It is necessary to have a clear and possible strategic business plan, which outlines long-term plans for a company to achieve success in the market.
As a leader, it is necessary to be aware of seeking to develop policies and methods that are aligned with the organizational structure and its values, it is important to seek to create an ethical and respectful work environment for all employees, with a focus on people management and their quality of work. It is ideal to align a policy and work procedures aligned with technology that makes work easier and faster, in addition to always seeking to establish clear and well-developed communication, to create an organizational culture that favors innovation, productivity and positive results in the micro and macroenvironment.