Answer: The amount of bad debt expense the company would record would be $3,470.
Explanation: Bad debt expense is an estimate of accounts receivable that is deemed as uncollectible while allowance for doubtful accounts is a balance sheet allowance account that warehouses the total balance of accounts receivable that is deemed irrecoverable.
In this scenario, Simple Co. estimated, using the aging method, that the allowance for doubtful accounts is $3,800. However, it had a credit balance of $330 in the same account. The reinstate the allowance account to $3,800, $3,470 has to be adjusted for by debiting bad debt expense and crediting allowance for doubtful account.
Answer:
"2000 units" is the right solution.
Explanation:
The given values are:
Transferred from WIP,
= 53,000 units
Units sold,
= 61,000 units
Beginning inventory,
= 10000 units
Now,
The total number of finished goods will be:
= 
On substituting the values, we get
= 
= 
The risks diagnosed from beyond encounters are inward risks, for example, value danger, plan risk, execution risk, useful gamble, and so forth.
Nevertheless, positive dangers can not be distinguished and connected with dubious economic occasions and are from the place of the mission where there aren't always yet enough records to apprehend what modifications would possibly appear. Such dangers are a) market chance coming from outside contests, mortgage charge changes, credit inaccessibility, unusual trade vacillations, and so forth.
Governance change risks from the corporation's execution on CSR problems, morals, emblem picture, notoriety, and so on. c) legal gamble to abrupt claims, non-compliances, and so on d) Political gamble because of development in authorities strategies, guidelines, change in government itself, and so on.
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Top store designs would be like Loui Vouton or etc?
A soft peg exchange rate may create additional volatility as exchange rate markets try to anticipate when and how the government will intervene.
<h3>What is an exchange rate?</h3>
An exchange rate refers to the value of a country's currency in relation to another currency. This entails the rate at which a currency will be exchanged for another.
It is the value of one currency for the purpose of conversion to another.
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