1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
juin [17]
3 years ago
10

When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited when A. a customer’s accou

nt becomes past due.B. an account becomes bad and is written off.C. a sale is made.D. management estimates the amount of uncollectibles
Business
1 answer:
MaRussiya [10]3 years ago
7 0

Answer:

Option D. management estimates the amount of uncollectibles

Explanation:

When the company estimates the bad debts, reflects it in the balance sheet through a Debit entry in the Bad Debt Expenses againts the asset account Allowance for Doubtful Accounts as a Credit.

When the bad debt are confirm as uncollectible the loss is reflected in the Account Receivable as a Credit with the correspondent debit entry in the Allowance for Doubtful Accounts.    

You might be interested in
According to a recent survey conducted by Bain & Company, which management tool or technique is most popular in global organ
marysya [2.9K]

Answer:

Customer relationship management

Explanation:

Customer relationship management refers to managing the relation with the customer by providing them an excellent quantity of products and services which are to be unique so that it became easy for attract the customer also the firm could gain the competitive advantage.

In the recent survey, it is mentioned that 67% of executives said that the customers are not loyal to their brand also with the help of the internet, it became easy for the customers and the future customers to make the comparision with regard to the prices that enables the firm to increase the price at the same time the firm also balance the market share

So the customer relationship management is the answer

3 0
4 years ago
1. What types of interest groups are the ADA and the ACU? Why do you categorize them that way?
ArbitrLikvidat [17]
1.  The ADA is an American political organization advocating progressive policies. An“independent liberal lobbying organization.” The ACU is a “grassroots conservative lobbying <span>organization.”

</span>3.  ADA stands up for social and economic justice. They achieve success in doing so through <span>lobbying, grassroots organizing, research and supporting progressive candidates.

Numbers 1 and 2 are the questions I can only manage to answer, you can do a bit of research for the rest of the items.

I hope my answer has come to your help. Have a nice day ahead and may God bless you always!
</span>
8 0
3 years ago
If a worker can produce 20 units of output which can be sold for $4 per unit, what is the maximum wage that firm should pay to h
Scrat [10]

Answer:

$80

Explanation:

Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.

Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.

Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80

7 0
3 years ago
A natural barrier that faces Argentina when it sells beef to Siberia is: Group of answer choices custom regulations distance gov
Eduardwww [97]

A natural barrier that faces Argentina when it sells beef to Siberia is distance.

<h3>Why distance is a barrier to trade?</h3>

Due to the fact that markets within countries are typically closer together than markets between countries, distance reduces international trade in comparison to domestic trade. Most overseas markets have higher transportation expenses than they do for domestic markets, frequently by a significant margin. Given that distance seems to restrict trade more than can be compensated for by transportation, it is possible that distance is also linked to greater non-transportation trade costs.

For example, the price of carrying the beef from Argentina to Siberia could make it too expensive even though farming beef there may be less expensive than raising beef in the freezing cold of Siberia. Thus, one of the inherent obstacles to international trading is distance.

Learn more about trade barriers here:

brainly.com/question/27863334

#SPJ4

4 0
2 years ago
The Cash Over and Short account:Select one:a. Is used to record a credit balance in the cash account.b. Is an income statement a
Katyanochek1 [597]

Answer:

b. Is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions.

Explanation:

Cash over and short account, is not the actual cash account or something like that. In fact it is an expense account made which reports all the over-dues that is overages or short-dues that results from an imprest account, like petty cash.

This account records the difference created in between the expected value of cash and actual value of cash in imprest account.

Therefore the correct option in all the above is:

b. Is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions.

8 0
4 years ago
Other questions:
  • A fabric design company is known for the designs it develops, owing to its creative talent and knowledge of the market. This fir
    6·2 answers
  • Bay Back Company acquired equipment on June 30, 2016, for $210,000. The residual value is $35,000 and the estimated life is 5 ye
    7·1 answer
  • A company's business model details the manner in which the company will pass the three tests of a winning strategy. indicates ho
    9·1 answer
  • TB MC Qu. 5-49 Walbin Corporation uses the weighted-average method... Walbin Corporation uses the weighted-average method in its
    10·1 answer
  • If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, and the expected return on dollar depreciation a
    10·2 answers
  • Can a security officer may work for more than one licensed company at a time? ​
    9·1 answer
  • Started businesse with cash rs 5000 and bank balance rs 10000​
    14·1 answer
  • Depreciation, depletion, and amortization: Multiple Choice All refer to the process of allocating the cost of long-term assets u
    5·1 answer
  • Your younger sister is just starting high school, and 4 years from today she should be entering college. Your father plans to st
    6·1 answer
  • "Easton Company uses 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 130 $11 5/5 Purchase 280 $13 5/15 Purchase
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!