1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergio [31]
3 years ago
13

When using the allowance method for accounting for bad debts, accounts receivable is reported on the balance sheet at the expect

ed net realizable value. When a particular receivable from a customer ultimately is determined to be uncollectible and is written off, the recording of this event will
Business
1 answer:
Minchanka [31]3 years ago
4 0

Answer:

Have no effect on net realizable value

Explanation:

Net realizable value is the value of accounts receivable less any allowance for bad debts. This amount is reported in the balance sheet. Under allowance method, if a particular receivable is uncollectible, then the amount is reduced from both accounts receivable and allowance for bad debts. As such, there is no effect on the net realizable value as both the accounts are reduced by the amount that is uncollectible.

You might be interested in
Do you think it is possible for an outsider to accurately discern about the underlying cultural values of an organization by ana
Rudiy27

Answer:

From the given variables, an outsider might be able to understand roughly 35% of the organization's culture.

Explanation:

Culture is ultimately a state of mind, a mode of perception and a collective conscious.

Symbols, Ceremonies, dress and other observable aspects of culture reflects a certain degree of the internal culture, yet to understand it full, it is vital to observe the human behavior and the inter relationships within the organization.

Moreover, the power distance between ranks, distribution of authority and responsibilities, reward systems, means of communication and organizational goals  also influences  the culture within a company. These aspects are difficult for an outsider to see as they do not stay inside and get exposed to the internal environment of the organization.

5 0
3 years ago
Consider the following data to answer the following questions: Country GDP Population A $32,000 1,500 B $20,000 1,000 C $10,000
polet [3.4K]

Answer: 4 times

Explanation:

GDP per capita is a way of measuring the wealth Distribution in a country. It is calculated by dividing the Gross Domestic Product by the population of the country. The aim usually is to see if the Country's economy is big enough considering the amount of people it has.

Country C has a GDP per capita of,

= 10,000/500

= $20

Country D has a GDP per capita of,

= 10,000/2,000

= $5

= 20/5

= 4

Country C has a GDP per capita that is 4 times that of C.

4 0
3 years ago
g Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S
Marianna [84]

Answer:

Effect on income=  $2,500 increase

Explanation:

Giving the following information:

Contribution margin= $44

The marketing manager believes that a $6,300 increase in the monthly advertising budget would result in a 200 unit increase in monthly sales.

To calculate the effect on income, we need to use the following formula:

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 200*44 - 6,300

Effect on income=  $2,500 increase

5 0
3 years ago
What are doctors paid by in the US and in the UK?
Wewaii [24]
Hope this helped you
5 0
3 years ago
Read 2 more answers
The standard format rules for a professional letter should be followed. <br><br><br> True or false.
Luda [366]

Answer:

True.

Explanation:

To write a professional letter, some standard format rules need to be followed.

It is necessary that the letter is written using a formal vocabulary, with clear and precise information, in the appropriate format, containing date, information about your professional profile, about the company and a final greeting.

To achieve an important objective, such as getting a job, it is important to have good writing skills to write a professional letter, in order to demonstrate through your arguments, your skills and competences, which can contribute to the success of a company.

6 0
3 years ago
Other questions:
  • A store accidentally priced an item at $20 instead of $30 and honored the mispricing. where should the $10 difference
    11·1 answer
  • What level of thinking and knowing can seek and discover many truths
    10·1 answer
  • When you take exit ramp off the expressway and merge onto the next road you see yellow lines dividing the roadway what do the ye
    5·2 answers
  • If taco bell decides to produce more tacos and fewer burritos, taco bell is answering the ________ part of one of the two big ec
    13·1 answer
  • The following is selected information from Pina Colada Corp. for the fiscal year ending October 31, 2022. Cash received from cus
    7·1 answer
  • Grant Appraisal Service provides commercial and industrial appraisals and feasibility studies. On January 1, the assets and liab
    10·1 answer
  • Consider the following situations for Shocker
    15·1 answer
  • Double taxation is a disadvantage of a corporation because the corporation has to pay income taxes at twice the rate applied to
    15·1 answer
  • 1. Contrast traditional economies, command economies, and economies.
    13·1 answer
  • A 15% increase in sales resulted in a 40% increase in net income for Company A and a 60% increase in net income for Company B. B
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!