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Scrat [10]
3 years ago
5

Indy Sport and Hobby's Allowance for Doubtful Accounts had an unadjusted credit balance of $400. The manager estimates that $900

of the Accounts Receivable is uncollectible. Using the balance sheet approach, the year-end adjusting entry for Bad-Debts Expense includes a
Question 3 options:

credit to the Bad-Debt Expense account for $500.

credit to the Bad-Debts Expense account for $1,300.

debit to the Bad-Debts Expense account for $900.

debit to the Bad-Debts Expense account for $500.
Business
2 answers:
Otrada [13]3 years ago
5 0
I can give you a fact that it's not A or B because that would mean a decrease in expenses (Using the Dr. Cr. Rules). But between C and D I would have to go with D. Sorry if I fail your quiz :(
EleoNora [17]3 years ago
3 0

The correct answer is D.

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4 years ago
Carlos recognizes that if he visits his aunt on Saturday, he'll miss his brother's football game. The economic principle best em
mr Goodwill [35]

Answer: Opportunity cost

Explanation:

The economic principle best embodied by this story is the opportunity cost. Opportunity cost is the cost of what one forgoes when one takes an alternative decision.

In this case, the opportunity cost of him visiting his aunt will be the lost opportunity which he could have used to watch his brother play.

3 0
3 years ago
What impact did technology have on modern medicine?
Mashutka [201]
Technology today affects every single aspect of modern society. In fact, there isn’t an industry out there that hasn’t been affected by the hi-tech revolution.
Whether we are talking about transportation, communication, security, banking or healthcare, they all rely on technology in one way or another.
But nowhere is this immense impact more apparent than in the field of medicine and healthcare.
Technological breakthroughs are revolutionizing the way healthcare is being delivered.Modern technology has changed the structure and organization of the entire medical field.
From widespread adoption of electronic medical records, to advances in bio-medical engineering and technology, modern healthcare and its delivery methods are changing at an ever increasing rate. But what impact will these changes have on medicine and overall care delivery?
4 0
3 years ago
At December 31, 2020 and 2021, Oriole Company had outstanding 4000 shares of $100 par value 6% cumulative preferred stock and 18
Anna11 [10]

Answer:

See below

Explanation:

2020 2021

Allocation to preferred stock

Nil 44,600

Remainder to common stock

Nil 20,000

4 0
3 years ago
Which of the following is the right order of the steps that companies generally follow in designing a customer-driven marketing
podryga [215]

Answer:

C.

Explanation:

Companies cannot appeal to all buyers in the marketplace, or at least not to all buyers in the same way.

This strategy focuses on targeting a specific set of customers, retaining them by meeting their needs, and using metrics to measure their satisfaction.

Steps:

-Market segmentation. Is the process that companies use to divide large heterogeneous markets into small markets that can be reached more efficiently and effectively with products and services that match their unique needs.

-Market targeting. Consists of a set of buyers who share common needs or characteristics that the company decides to serve.

-Differentiation. A market coverage strategy in which a firm decides to to target several market segments and desing separate offers for each. Focus on how the company can create differentiated value for targeted segments.

-Positioning. The way the product is defined by consumers on important attributes. The place the product occupies in consumers’ mind relative to competing products.

8 0
3 years ago
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