Answer:
c. debit to Bad Debts Expense for $6,900.
Explanation:
Allowance for Doubtful Accounts $1,100 credit balance,
Estimated Un collectibles $8000 credit
Required Adjustment $ 6900 credit
The adjustment to record bad debts for the period will require a
c. debit to Bad Debts Expense for $6,900.
Bad Debt Expense $ 6900 Dr
Allowance for Doubtful Accounts $ 6900 Cr
Alternatively if the allowance account had a debit balance the entry would have been posted adding the two amounts.
The correct answer to the given statement that "A service and physical good are similar in terms of uniformity of inputs" is:
<h3>What is a Good?</h3>
This refers to the physical item which has value and can be bought and sold in a market place.
With this in mind, we can note that a service has to do with the non physical value driven thing which is rendered based on demand and this service and physical goods are NOT SIMILAR in terms of uniformity of inputs because the manufactures does not have more control on the amount of variability.
Read more about goods and services here:
brainly.com/question/25262030
Answer:TTG Landscaping Journal $
1.Dump truck Dr 150,000
Sales tax Dr 12,000
Logo. Dr. 200
Vehicle License Dr 900
Accident insurance Dr 2400
Cash. CR. 165,500
Narration. Being cost incurred on Dump truck and additional expenses incurred to make it usable.
2.
Dump truck Dr1 5500
Sales tax Cr 12,000
Logo. Cr. 200 Vehicle License Cr. 900
Accident insurance. CR 2400
Narration. Transfer of additional cost incurred on Dump truck purchase to Dump truck Accounts
The cost of an asset includes the purchase price, tax theron and other cost incurred to make it usable.
Before going on his first business trip to China, Albert asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. Albert is trying to avoid Cultural business blunders.
The term "business culture" refers to the collection of norms that may be seen in a company's behavior and operations, including its goals, codes of conduct, rules, procedures, ethics, and values.
A notable example of a company culture is found at Netflix, where the phrase "people over procedure" serves as the organization's guiding principle. Netflix outlines its company principles in its statement on corporate culture. These values include judgment, communication, curiosity, courage, passion, selflessness, innovation, inclusivity, integrity, and impact.
Learn more about business culture here brainly.com/question/25010777
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