Answer and Explanation:
The journal entry to record the given transaction as follows:
Uncollectible account expense or bad debt Dr $5,670
To Account receivable $5,670
(being uncollectible account expense is recorded)
Here the expense is debited as it increased the expenses and credited the account receivable as it decreased the asset
The variability of operating earnings is associated with Business risk.
Earnings are the net profit from the company's business. The profit is also the amount on which corporate tax is paid. Some more specific terms such as EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization) are used to analyze specific aspects of a company's operations. increase.
Many alternative terms are used for income, such as income and earnings. These terms have different definitions depending on the context and author's purpose.
For example, the IRS uses the term earnings to describe profit, but for a company, reported profit is the amount left over after taxes are deducted.
learn more about earnings here; brainly.com/question/26282268
#SPJ4
The ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called the rationing function of prices.
<h3>What is the rationing function of prices?</h3>
Rationing function of price is used to measure the goods that consumer can use their money to buy.
When their is scarcity of goods in the market this means that demand will be above supply and the outcome is that price of goods will tend to increase or bid up.
Therefore the ability of the competitive forces of supply and demand to establish a price is called the rationing function of prices.
Learn more about Rationing function of price here:brainly.com/question/13123950
#SPJ11
Answer:
Accuracy
Explanation:
Accuracy is the term which is described as the closely related measured value of the quantity which is equal to the true value. In short, it is states as that all the aspects of the report are fairly mentioned or state true picture or figure.
So, when the research report is reviewed, the person would able to determine or asses all the aspects or facts or elements of the study which are logically as well as systematically follow from the problem of the research. Then the condition which is fulfilled or achieved is the accuracy level of the report.
Answer:
I need points
Explanation:
plzzzzzjshshbdvdbdgptvpubkcsq