Answer:
d. there will be both a debit and a credit to accounts receivable.
Explanation:
Bad debt is defined as the portion of accounts receivable that is considered to be lost and is written off as a loss to the business within a given period.
When a bad debt is written off it impacts directly on the profit of the business.
If an account has been collected after previously being written off, there will be a credit to accounts receivable to show an increase in a recievable by the business.
Also there is a debit to accounts receivable to show that the recovered funds has been moved to profit or revenue account of the business.
Answer:
(a) Trace the effect of this change through three banks- First National, Second Federal, and Third State.
Antonia deposits $2,000 in First National Bank.
Then First national Bank lends $1,600 to client X that uses the money to purchase something. The seller of that something deposits the money In Second Federal Bank.
Second Federal Bank then lends $1,280 to client Y that decides to use that money to pay his rent. Client Y's landlord then deposits the money in Third State Bank.
Third State Bank will then lend $1,024 to client Z...
(b) How much money will be generated in this banking system?
total money generated in the banking system = Antonia's deposit x money multiplier
money multiplier = 1 / required reserve rate = 1 / 0.2 = 5
so the total money generated = $2,000 x 5 = $10,000
Answer:
Translate in English please!!!!!!!!!!!!!
The correct statement is that the net salary of Lauren will be $623.52 after the deductions of tax withholding against her gross pay of $765.
So, the correct option that matches the statement quoted above is D. Calculations regarding the deduction of tax withholding are shown below.
<h3>Calculation of net salary</h3>
Net salary of Lauren can be calculated by subtracting all the given deductions from gross pay available in the hands of Lauren.
The withholding of taxes of Lauren will be calculated as,
Calculating further,
and
Now deducting the summation of tax withholding from the gross pay, we get net salary as,
So, net pay of Lauren will be $623.52 for such period.
Hence, the correct option is D that the net salary of Lauren will be $623.52 after the deductions of tax withholding against her gross pay of $765.
Learn more about Net Salary here:
brainly.com/question/24017475
Answer:
A set of factors (analogous to cost drivers) that are particularly effective in having a strong differentiation effect
Explanation:
Value drivers refers to the value addition to a product or a service by a firm, which drive customers towards purchasing such products. Such additions also help distinguish a firm's own products from those of the competitors.
Value drivers could be in the form of using superior latest technology or creation of better brand awareness, etc. Such drivers also help the firm attain a competitive advantage over it's rivals.
Competitive advantage refers to possession of some unique resource or skill, which is hard to be replicated by the rival firms and which helps such a firm gain a competitive edge in the industry. For example, highly skilled workforce.
A firm strives to add more and more of such value drivers so as to gain competitive advantage in as many business spheres as possible and realize it's business goals effectively.
