Answer:
The answer is A.
Explanation:
Closing/Ending balance in Allowance for Doubtful Accounts = Unadjusted credit (debit) balance in Allowance for Doubtful Accounts + Bad Debt Expense
To get Bad Debt Expense, we re-write the formula:.
Closing/Ending balance in Allowance for Doubtful Accounts − Unadjusted ending credit (debit) balance in Allowance for Doubtful Accounts
Ending/Closing method balance in allowance for doubtful debt= $5,000
Unadjusted ending credit (debit) balance in Allowance for Doubtful Accounts =$500
So we have:
= $5,000 − $500
= $4,500
The feature of the insurance contract that is being described above is the aleatory contract. It is the type of contact where the individual that has been involved can't handle or control the event that could happen to him or her. It is a way of having uncertain events happening in the individual such as death or natural disasters that she or he could face.
Answer:
Option D, Direct Materials, Direct Labor, & Manufacturing Overhead
Explanation:
Process costing with in a company is used as a method to assign manufacturing costs to the product units produced which are nearly identical.
For all items manufactured in a manufacturing firm, some process related cost is common in all cases such as direct material cost, conversion cost, labor cost etc. Also these cost parameters are same from one department to other.
Hence, option D is correct
Answer: overbearing or self-assurance
Explanation:
Answer: d. Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scale
Explanation:
Economies of scale occurs when the increase in production by companies brings about a reduction in cost. Diseconomies of scale is when a rise in production leads to an increase in cost as well. For a constant return to scale, the cost remains the same.
Therefore, the answer will be option D "Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scale".
