Answer:
b. it does not reflect the equity method.
Explanation:
If the beginning retained earnings do not match with the equity method we must adjusted. If we do not; then after including the other transactions which are based on equity method will lead to a mistaken ending retained earnings and thus; the consolidated balance sheet will not match Assets with liabilities plus stockolders equity.
I would go with C)it's harder to get credit if you have filed bankruptcy
It was theorised by some conflict theorists that the education had made the students socialise into values dictated by the powerful. Furthermore, these conflict theorists believe that there would always be groups that would impose dominance to the less powerful in the society.
Answer:
Journal Entry
Date Particulars Debit Credit
Mar. 17 Cash $275
Bad Debts $ 1000
Accounts Receivable( Shawn McNeely) $1275
As cash is received and also bad debts are written off from the same person a combined entry can be made for the accounts receivable.
When direct write off method is used the allowance for uncollectibles is not created. The bad debts are directly written off against the accounts receivable.
Answer:
C) change his passwords and store them in a password manager.
Explanation:
Hussein, being a victim of cyber theft of money from his bank account, after having informed bank about the fraudulent transaction, should :-
Take further precautionary measures for modifying & safely saving other related crucial information, like passwords. So, he should change his passwords and store them in a password manager.
