Option e, using company resources for personal use
He should use his own phone or home device, and not at work
Bad Debt Expense is a cost of extending credit to customers is based on actual events and does not require estimation is an estimate.
- When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
- Big Store stops paying its debts and fails to reimburse Company XYZ for goods valued at $100,000. Company labels the $100,000 as a bad debt because it has little faith that Big Store will ever make good on its obligations.
- When a customer's repayment of previously granted credit is thought to be uncollectible and is therefore recorded as a charge off, a business incurs a bad debt expense.
- Bad debt charges are categorized as operating costs and are typically listed under selling, general, and administrative costs on your company's income statement.
Thus this is the answer.
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<span>You can estimate your tax liability through proper financial planning.</span>
Answer:
Listing the consequences of each option.
Explanation:
A customer who sold a bond at a loss must wait how long before he can buy back a substantially identical bond and not have the sale classified as a wash sale?
30 days.
