Answer:
An alternative is also known as Uncollectible accounts expense
Explanation:
A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.
Bad debt expenses are generally classified as a sales and general administrative expense and are found on the income statement. Recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.
<u>Bad debt expense is also known as Uncollectible accounts expense</u>
Answer:
process that seeks to improve the performance of primary and support processes.
Explanation:
Development process is defined as a seeks improvement of primary and support activities by using strategy, organisation, marketing, conceptualisation, plan creation, evaluation, and commercialisation of a product or process.
Development process is used by firma to convert viable ideas to profitable products.
Innovative ideas are generated by the companie's team, and through critical evaluation the best and most commercially viable option is chosen for further product development.
This is a cycle that is continous and gives the innovative company a competitive edge.
Answer:
None of the option is correct.
Explanation:
Principle of comparative advantage states that a country has a comparative advantage in producing a certain goods if the opportunity cost of producing those goods is lower than the other country. A country is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.
Sheila Recognized gain is 
Jacob Recognized gain is 
<u>Solution:
</u>
Sheila’s Sale:
Amount noticed 
Fixed basis 
-------------
Gain 
Recognized Gain = 
Jacob’s Sale:
Amount noticed 
Fixed basis 
-------------
Gain
Recognized Gain = $8000
The $40,000 profit base of Jacob is same as the adjusted basis of Elane.