You need to think of how much money you will be withdrawing
if any, and how much interest you will earn. I keep my money in a ROTH ira and
at a credit union. I choose to keep my money here because in the ROTH I earn a
lot of interest and my money is available if necessary. I keep the other half
at a credit union because of the limited fees and the benefits it gives me
because I still go to school.
The Adjustment entry to record the estimated bad debts include debit to Bad Debt Expense of $900 and credit to Allowance for Doubtful Accounts of $900. Thus 2nd and 5th options are correct.
<h3>What is Bad debt?</h3>
Bad Debt refers to the amount of loan which cannot be recovered. It is an outstanding balance which is irrecoverable. Thus in simply words it means the amount which will not be paid by the customer.
According to the given question, The credit balance is $100 in Allowance for Doubtful Accounts.
The credit sales method a specific percentage of credit sales represent bad debts of the previous period. Thus the difference amount comes under Allowance for Doubtful Accounts.
Journal Entry for the estimated bad debts is as follows:
DR. BAD DEBT EXPENSE $900
To CR. ALLOWANCE FOR DOUBTFUL ACCOUNTS $900
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Answer:
D) Adults do not contract influenza primarily from children who have influenza.
Explanation:
The conclusion from this argument is that there is no health benefit for the nasal spray vaccine since it was designed to be administered to children, but children rarely get influenza.
The only assumption that strengthens this conclusion is that children do not pass influenza to adults.
- If this is true, plus the fact that children rarely get influenza, then why would anyone need an influenza vaccine for children.
- If this assumption was false and children passed influenza to adults, then the conclusion would be wrong because a vaccine would be necessary to prevent children from passing influenza.
A. true the buyer is the party making the offer
I would choose D. By outsourcing certain processes to small businesses
