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Blababa [14]
3 years ago
9

Amend Inc. debited Accounts Receivable and credited Allowance for Doubtful Accounts to reestablish an account previously written

off. Amend Inc. should also debit _______ and credit _______.
Business
1 answer:
Aleks [24]3 years ago
3 0

Answer:

Allowance for Doubtful Accounts and

Bad debt expense

(to fill the gaps)

Explanation:

Allowance for Doubtful Accounts is the account used to record receivables that may not be collectible. When receivables may be incollectible, the entries posted are

Debit Bad debt expense

Credit Allowance for Doubtful Accounts

When the receivables can no longer be collected

Debit Allowance for Doubtful Accounts

Credit Account receivables

Hence for Amend Inc, the reversals of the above entries is what is required. Since Amend Inc. has debited Accounts Receivable and credited Allowance for Doubtful Accounts to reestablish an account previously written off, the second set of entries required would be

Debit Allowance for Doubtful Accounts

Credit Bad debt expense

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leva [86]

Answer:

out of given option, job interview is not  the form of job interview.

Explanation:

out of given option, job interview is not  the form of job interview.

Mass communication is a method of sharing information with large parts of population via media

we know that mas communication is the communication which include mass either in the form listener or speaker.

if we take rest three option we will find that all three types are include mass.

5 0
3 years ago
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Bryce co. sales are $914,000, variable costs are $498,130, and operating income is $196,000. what is the contribution margin rat
elixir [45]

Sales: $914,000

Variable Costs: $498,130

Operating Income: $196,000

Contribution Margin Ratio = ?

Formula:

Contribution Margin Ratio = (Sales – Variable Costs) / Sales

Solution:

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3 years ago
In the Investment marketplace, Investors will likely accept a high-risk investment only if it promises
katrin2010 [14]

Answer: C. high returns

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6 0
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Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,
dedylja [7]

Answer:

Borrowed amount of $2,500

Explanation:

The computation is shown below;

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= $7,500

As the cash should be maintained of $10,000

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1.inspecting equipment, structures, or material

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