Answer:
JOURNAL ENTRIES
Dr. Bad Debts.......................3,700
Cr. Accounts Receivable.............3,700
Explanation:
an adjustment for estimated uncollectible accounts at the end of 2021
JOURNAL ENTRIES
Dr. Bad Debts.......................3,700
Cr. Accounts Receivable.............3,700
for the actual bad debts in 2022. we have adjust for the difference between the estimate and the actual amount which is $1,100
JOURNAL ENTRIES
Dr. Accounts receivable...(3700-2600)...1,100
Cr. Bad debts recovered.....................................1,100
Being bad debts recovered, a shortfall in actual estimates
Answer:
b. Transformational is the correct answer.
Explanation:
- Transformational leaders motivate people to reach unexpected results.
- Transformational leaders work with their workers to achieve change and inspire them to find different ways of achieving their goals.
- Transformational leaders sometimes described as quiet leaders and they are appreciated to maintain confidence and courage.
- Transformational leaders specialize in solving challenges and maximizing their team's potential and skills and to reduce the variation of the system.
Answer:
$723,000
Explanation:
Calculation to determine what was Jennings reported net income in 2020
Using this formula
2020 Net income=(2019 Retained earnings-2020 Retained earnings)+ Total Dividend
Let Plug in the formula
2020 Net income=($2,681,000-$2,308,000)+$350,000
2020 Net income=$373,000+$350,000
2020 Net income=$723,000
Therefore Jennings reported net income in 2020 is $723,000
Economic growth is growth in a countries GDP, in general, but it should be noted that there are many other factors that can influence growth of a nation.
Answer:
The appropriate response is "Pure competition".
Explanation:
- Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
- Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.
