Your income so you dont overspend
Answer:
$2,500
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.
Estimated allowance for doubtful accounts = Credit Sales x percentage = $300,000 x 1% = $3,000
Current Balance = $500 credit
As Allowance for Doubtful Accounts already have credit balance of $500, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $3,000 at the year end.
Adjustment Value = $3,000 - $500 = $2,500
Answer:
$42,800
Explanation:
The computation of the net income for the year is shown below:
= Service revenue - advertising expense - depreciation expense - insurance expense - rent expense - salaries & wages expense - supplies expense
= $133,000 - $20,600 - $11,900 - $3,100 - $17,300 - $31,400 - $5,900
= $42,800
We simply deduct all the expenses from the service revenue so that the net income for the year could come
Answer:
Having to handle the business side of things while also working on developing a great product wasn't easy, but that challenge helped me grow as a professional. I think a lot of people applying for tech
Explanation:
:D
Answer: (C) Mission statement
Explanation:
Mission statement is one of the type of organization statement that is developed by the manager for the various types of fundamental purpose in an organization.
The primary objective of the mission statement in an organization is that it deals with the strategic planning by achieving long term goals.
According to the question, the employees worked with the manager in an organization for developing the mission statement that helps in outline the various types of fundamental process.
Therefore, Option (C) is correct.
