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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.    

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Using this table, calculate the marginal cost of each of
alexandr402 [8]

Answer:

See below

Explanation:

Marginal cost is the additional expenses incurred in producing one more unit of output. Marginal cost is the expenses associated with the production of one extra unit.

In this case, there will be marginal costs in producing the first item. There is no extra unit in the first unit. Marginal costs will be zero. The second item's marginal cost will be the difference between the cost of the second and the first item.

First bike

=0

The fourth bike:

=Forth bike - third bike

=$130 -$110

= $20

The sixth bike

=sixth - fifth

=$210 -$160

=$50

The seventh bike

=seventh - sixth

=$270 -$210

=$60

5 0
3 years ago
What Cookery method is used for a matured poultry? <br>​
Illusion [34]

Answer: Young poultry is best for roasting, broiling, and frying. Older poultry requires braising or stewing methods. Either way, slow, even heat should be used for tender, juicy, evenly done poultry.

7 0
4 years ago
Macroeconomics studies the economy as a whole. True or False?Macroeconomics studies the economy as a whole. This is true.
Nutka1998 [239]
This is true. Macroeconomics studies the entire economy as a whole while microeconomics studies specific aspects of the economy.
7 0
3 years ago
On January 1, Year 1 Residence Company issued bonds with a $50,000 face value. The bonds were issued at face value. They had a 2
DENIUS [597]

Answer:

Dr Cash account 50,000

Cr Bonds Payable account 50,000

Explanation:

The company received $50,000  in cash. Since cash is an asset and it increased when the bonds were issued, it should be debited.

The company has to pay bonds worth $50,000. Since bonds payable is a liability and it increased when the bonds were issued, it should be credited.

7 0
3 years ago
if the Supply schedule for a taco truck shows at $200 per day at $2.00 per Taco are being produced how many tacos per day does t
arsen [322]

Answer:

100

Explanation:

$2 times 100 tacos is equal to $200.

7 0
3 years ago
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