The correct answer is choice b - the percentage of receivables basis.
When an accountant is calculating the bad debts expense they will take into account the balance in the Allowance for Doubtful Account when they are calculating on the percentage of sales basis.
When a reader uses their resources within the book to understand the book and how it is constructed, it helpes the reader develop better reading strategies. Using the glossary lets the reader identify and find information at a quicker rate which in turn, helps develop better reading strategies. Therefor, the answer is false, because the reader does develop better reading strategies when they use the glossary.
Answer:
Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)
Explanation:
The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).
(opentextbc.ca)
Answer:
The answer is: C) the elasticity of demand, where the shortages will be larger if demand is more inelastic.
Explanation:
When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.
Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.
If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.
Answer:
The correct answer is: family life cycle.
Explanation:
The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are <em>leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, </em>and <em>families in later life</em>.