Answer:
Dr. Allowance for doubtful accounts $30,000
Cr. Account receivables $30,000
Explanation:
Allowance for doubtful accounts is an estimate of the receivables which are not expected to be received in future. It is an contra asset account and adjusted against the accounts receivable. On balance sheet Accounts receivable is reported after adjusting the value of allowance for doubtful accounts.
Write off is also adjusted in allowance for doubtful accounts by debiting the allowance for doubtful accounts and crediting the accounts receivables.
The forecasted ADR in 2012 based on the exponential smoothing model is 70.27$ among the group of choices.
<h3>The purpose of forecasting</h3>
Businesses can improve their adjustments if they have knowledge of both current data and predictions for the future. Forecasts assist firms in modifying their existing operations and streamlining their plans to change prospective outcomes.
<h3>What is the forecasting procedure?</h3>
Making predictions based on historical and current data is the process of forecasting. Later, these might be contrasted (resolved) with what transpires. An organization can, for instance, forecast its revenue for the following year and then contrast that projection with the actual outcomes. Similar but more generic is the phrase "prediction."
To know more about Forecast visit:
brainly.com/question/28839529
#SPJ4
The expected value in terms of repair cost for this purchase is $40.
Repair cost manner fees and expenses are fairly essential or acceptable due to normal wear and tear, periodic replacement, vandalism, damage, or destruction of any part of the ability property, and shall now not encompass operating fees.
First, bring together the entire listing of substances wished, and report a high and occasional price estimate for each. as soon as it really is carried out, add each column of numbers to get the whole cost for each high and coffee. Then upload the two totals, after which divide with the aid of to get the common price.
Repair cost and substitute mean all non-routine, non-repetitive activities, repairs or substitutes of systems, equipment, or device required for continuity of operations, safety, and running overall performance this is vital to prevent or correct a failure of the Pelletier Facility and which aren't protected as a component.
Learn more about repair costs here brainly.com/question/22932657
#SPJ4
Answer:
D. society’s scarce resources are used to produce products that align with consumer preferences
Explanation:
Allocation efficiency is a point in the economy when the goods and services being produced are exactly what the customers or people of the economy want and this is a point of production when marginal social benefit of producing the good is equal to the producers marginal cost.
Answer:
Dutch Auction
Explanation:
The type of auction that is being described is called a Dutch Auction. Like mentioned in the question this is a type of auction in which the buyer initiates the process by submitting a description of the desired product or service, and when selling a high asking price is set and lowered until a participant accepts or the reserve price is met.
