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Gala2k [10]
3 years ago
6

John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work h

e finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
Business
2 answers:
Vaselesa [24]3 years ago
8 0

Answer:

John's experience is that of a middle aged adult

Explanation:

John in his 40's falls into the class of a middle aged adult so what ever experience he would have at his work and home would be most likely that of an average middle aged adult since from the question above John has no illness or disorder so what he will experience would be a normal experience for middle aged adults.

Middle aged adults are less active than teenagers and they tend to be more caring and cautious, because being careful and cautious are traits that come with experience. also Middle aged adults are more focused at work better than younger adults would be .

kotykmax [81]3 years ago
6 0

Answer:

Typically for a middle age adult

Explanation:

It is typical for a middle age adult to experience what John was experiencing due to his age which make it difficult for him to keep track of ball while on the court while worrying about others players despite he enjoy playing basket, where as at work he is better able to solve problems that come up because of his many years of experience.

Thus John is experiencing middle age adult which cannot be compare to when he was much younger.

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8 0
3 years ago
b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the
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Question Completion:

Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis.

                                                        Days Past Due  

                          Total          0          1 to 30       31 to 60   61 to 90  Over 90

Accounts

receivable  $570,000 $396,000  $90,000  $36,000   $18,000  $30,000  

Percent uncollectible          1%             2%             5%             7%           10%  

a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method.

Answer:

Daley Company

a. The estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method is:

= $11,820.

b. Adjusting Journal Entry:

Debit Bad debts expense $6,420

Credit Allowance for Doubtful Accounts $6,420

To record bad debts expense and bring Allowance balance to $11,820.                      

c. Adjusting Journal Entry:

Debit Bad debts expense $13,720

Credit Allowance for Doubtful Accounts $13,720

To record bad debts expense and bring Allowance balance to $11,820.  

Explanation:

a) Data and Calculations:

Ageing of Accounts Receivable:

                                                        Days Past Due  

                          Total          0          1 to 30       31 to 60   61 to 90  Over 90

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receivable  $570,000 $396,000  $90,000  $36,000   $18,000  $30,000  

Percent uncollectible          1%             2%             5%             7%           10%

Allowance      $11,820     $3,960      $1,800     $1,800      $1,260    $3,000

Bad Debts Expense:

Allowance for Doubtful Accounts:

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Unadjusted balance $5,400 credit              $1,900 debit

Adjusted balance       11,820 credit               11,820 credit

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