Answer:Conditional approval
Explanation:This is a loan that has been approved but there are still conditions which are still pending that need to be met such as some outstanding documents or other conditions such as in this case they still need to take this pledge to the subdivision sales agent.
Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
Answer:
The correct answer is C
Explanation:
Execution phase of the project is generally the longest phase in the life cycle of project management and also consumes the energy as well as resources. These process help in managing the issues, time, cost, change and quality.
The execution phase is the phase which has long time duration and it develop or create the team of project for the product or service and then present the final or finished product to the customer.
Therefore, in this case, is the execution stage the person is assisting.
Answer:
$57,400
Explanation:
The computation of the estimated total manufacturing overhead for the Customizing Department is shown below:
= Total fixed manufacturing overhead cost + Direct labor-hours × Variable manufacturing overhead per direct labor-hour
= $35,000 + 7,000 direct labor hours × $3.20
= $35,000 + $22,400
= $57,400
All other information that is given in the question is ignored.
Answer:
Explanation:
Marion, the new supervisor, has requested the management to install survaillance cameras and voice recorders to monitor the productive hours of the employees and supervise their work closely. This shows that marion has a managerial skills