I'd recommend a "rain check", suggesting that as soon that specific product is replenished, you'll reserve one for them so this wouldn't happen again. I would also apologize for not having been prepared, and offer a small coupon or two as a form of compensation for the inconvenience. (That is, if you're able to offer coupons.) Another thing that would be important is to display professionalism in a stressful situation. That will show your higher ups that you are an asset to the business. Hope I helped! :)
Answer and Explanation:
The journal entries are shown below:
On December 31
Bad debt expense Dr $5,232 ($654,000 × 0.80%)
To Allowance for doubtful debts $5,232
(To record the bad debt expense)
On Feb 01
Allowance for doubtful debts Dr $327
To Account receivable $327
(To record the uncollectible amount)
On June 5
Account receivable $327
To Allowance for doubtful debts Dr $327
(To record the uncollectible amount)
On June 5
Cash Dr $327
To Account receivable $327
(To record the cash received)
<u>Part A</u>
<u />
<u>Answer:</u>
$207,021
<u />
<u>Explanation:</u>
The balance on the account at the end of the year 2020 is $1,000,000
The question asks us to calculate the balance on the account at the end of the year 1970, which is exactly 50 years ago.
We would simply discount the $1,000,000 by using an interest rate of 3.2%
=
= $207,021
<u>Part B</u>
<u></u>
<u>Answer:</u>
$17,892.88
<u>Explanation:</u>
We have the value at year 1970 which is $207,021
Now to calculate the annual payment (PMT) we would plug the following values in the financial calculator,
PV = 0
N = 10
FV =207021
I/Y = 3.2
PMT = ?
PMT = $17,892.88
https://www.calculator.net/finance-calculator.html?ctype=contributeamount&ctargetamountv=207021&cyearsv=10&cstartingprinciplev=0&cinterestratev=3.2&ccontributeamountv=1000&ciadditionat1=end&printit=0&x=102&y=11
Cognitive job satisfaction measures how satisfied employees are with certain aspects of their work, such as: B. Wages, Working Hours, or Social Security.
Job satisfaction is defined as an employee's satisfaction with their job. This goes beyond day-to-day operations and covers satisfaction with team her members/managers, satisfaction with company policies, and the impact their work has on employees' personal lives.
There are two levels of job satisfaction: effective job satisfaction and cognitive job satisfaction. Effective job satisfaction refers to an individual's overall emotional response to work. Cognitive job satisfaction measures how satisfied a person is with their job.
Job satisfaction measures how satisfied, comfortable, or content a person is with their job. It is the pleasant or positive emotional state that results from evaluating one's work and work experience.
Learn more about satisfaction at
brainly.com/question/584434
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