Answer:
The company, the U.S. unit of U.K.-based EG Group Ltd has named George Fournier as its new president.
Answer:
A
Explanation:
they have to know what the person is being arrested for
Answer:
The required entries are plot in the following explanation.
Explanation:
(a)
Debit Bad Debt Expense 9,350
Credit Allowance for Doubtful Accounts 9,350
[19,350 - 10,000]
(b)
Debit Allowance for Doubtful Accounts 1,000
Credit Accounts Receivable 1,000
Answer:
The answer depends on 2 vital elements
1. whether there are injured/dead people - you cannot accept the money. you must inform BOTH the Insurance company and the Police. otherwise it is a hit and run, which is a criminal offence and you will be penalized.
2.or there are no injured/dead people - then take the money and settle the dispute
Explanation:
Dealing with insurance companies is not a legal requirement and depends on your choice.
BUT,
if a person is injured or dead because of the accident, then not only should you inform the insurance company, but also you should inform the legal authorities (Police).
so, as I mentioned about, if it is just your car a and stranger's car that is damaged, then you can settle it without involving the insurance companies.
if a person or another party is involved, then you cannot!
hope this helps!
