Answer and Explanation:
The journal entry to record the given transaction as follows:
Uncollectible account expense or bad debt Dr $5,670
To Account receivable $5,670
(being uncollectible account expense is recorded)
Here the expense is debited as it increased the expenses and credited the account receivable as it decreased the asset
Answer:
b. a wiki
Explanation:
A Wiki is an electronic communication tool that works with resources similar to a website, but with the differential of the possibility of jointly editing authorized users while accessing the content, for updates, implementation of new information, resources, etc.
This tool would be essential for the marketing team with global sales representatives, because through it it would be possible to demonstrate the new resources through the sharing of information and exclusive materials made available through the wiki that can be accessed from any location and at any time.
Answer:
i want to say 179,270 i am sorry if i am wrong
Explanation:
Answer:
c. They account for a larger dollar value than class C items
Explanation:
The ABC inventory analysis is a method of classifying inventory in three main groups: A, B and C, where group A items include items that are most valuable and group C items the least valuable ones.
Conceptually similar to the Pareto principle, this method revolves around the fact businesses should focus on a limited scope of products, services or procedures that bring the most profit in comparison to other products/services.
Since group A items are critical to supply chain success, they require close monitoring by the operations managers and are rarely managed by wholly automated systems.
Like in the Pareto principle, A items usually have 10-20% share in the total item share, while they bring 70-80% of total profit.
Answer:
c. A new technology such as the Internet has just been introduced, and it increases investment opportunities.
Explanation:
Nominal interest rate is the sum of real interest rate and expected inflation rate.
If expected inflation rate falls, the nominal interest rate also falls.
During a recession, people are more unwilling to borrow funds ,this pushes interest rate down.
If investment opportunities increases, the demand for funds would increase and nominal interest rate would increase too.
I hope my answer helps you
