Answer:
Bad debt expense...................Dr $36,000
Allowance for doubtful debts $36,000
(To record uncollectibles)
Explanation:
Certain amount of credit sales that the manager estimates to be uncollectible is called bad debts. They are written off at the end of the year. As per allowance method, estimated uncollectibles or bad debts are charged to allowance for doubtful debts.
Here, $36,000 has been estimated by the manager as estimated uncollectible
Journal entry to record uncollectibles:
Particulars Debit Credit
Bad debt expense $36,000
Allowance for doubtful debts $36,000
(To record uncollectibles)
Answer:
Equity REIT's
Explanation:
In this scenario, it can be said that the best recommendation would be Equity REIT's. These are Real Estate Investment Trusts. REIT's tend to pay a higher dividend yield than most other types of stocks since they have been structured to generate net rental income. While maintaining the risk level moderate due to the underlying diversification of the trust itself. Therefore since the yield is higher and the risk level moderate this is the best next investment for the teacher to get into.
There are a lot of way to improve productivity of a society. However there are also a lot of reason why productivity always fails. One main reason is not being effective and efficient. Being effective make you do your work with quality and being efficient is doing your job with less resources used.
An example of the projected increase in the world economy from the recent Doha round of world trade organization negotiations is $160 billion to $385 billion per year
The Doha Round is the most recent round of trade talks among WTO members.
Its goal is to significantly modify the international trading system by lowering trade barriers and revising trade laws.
The labor program spans approximately 20 trade categories.
The Round is also known semi-officially as the Doha Development Agenda because one of its primary goals is to boost developing countries' trading prospects.
The Round was officially begun in November 2001 at the WTO's Fourth Ministerial Conference in Doha, Qatar. The Doha Ministerial Declaration established the framework for prior agreements, including those on agriculture, services, and intellectual property.
Hence, the answer is $160 billion to $385 billion per year.
Learn more about world trade organization:
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Answer
22 mil
Explanation:
70 times 100k is 7 mil and if you add 7 mil to 15 you get 22