Answer:
The use of the allowance method of accounting for bad debts.
Explanation:
We use the allowance method to match the expected ad debt with the sales or account receivables which generates.
As sales of a givne month can be declared uncollectible after several month using a direct method we are putting the burden of the uncollectible in another accounting period while leaving the one which did that sale untouched.
The allowance makesthe expense in the same time period thus, it follows the recognition principle.
Answer:
The capital gain of the TIPS in dollars is $27.69
Explanation:
Given
CPI = 200.5 (Beginning of the Year)
CPI = 195.4 (End of the year)
% = 2.75
CPI Reference = 184.2
CPI Reference of 184.2 = $1,000 rate
Capital Gain is calculated by the difference in value at the end of the year value and at the beginning of the year.
End of the year value = 200.5/184.2 * ($1000)
End of the year value = $1088.49
Beginning of the year value =
= 195.4/184.2 * ($1,000)
Beginning of the year value = $1060.80
Capital Gain =$1,088.49 - $1,060.80
Capital Gain = $27.69
Answer:
B)many people become entrepreneurs because they do not enjoy working for someone else.
Explanation:
The examination of the reasons provided by the people who wants to accept the entrepreneurship risk as here most of the people become entrepreneurs but at the same time they dont enjoy working for someone else as they wabt to work for themselves not for someone else
Therefore as per the given situation, the option b is correct
The free market<span> is
defined as the system in which the price of goods is agreed upon by
consent between sellers and consumers, through the laws of supply and demand.
Their requirements are the existence of free competition, (which in turn requires that among the participants
of a commercial transaction there is no coercion, no fraud, or more generally,
that all transactions are voluntary), c</span>omplete universal information about the products and their prices,
a free medium of exchange with a common currency, reasonable transaction costs,
set of sellers and a set of buyers.
Answer:
The answer is <u>A. The Muffler</u>
Explanation:
The first muffler for cars was designed in 1897.
The function of the car muffler is to slow down the speed of movement of the exhaust gases, which helps to smooth the movements of the engine, reduce the temperature of the gases and reduce the emissions of substances that are harmful to the environment.
