Answer:
Dr. Allowance for Doubtful Accounts $7,400
Cr. Accounts Receivable $7,400
Explanation:
A write off eliminates the account receivable balance. It is recorded as the debit to Allowance for Doubtful Accounts because of its credit nature. It reduces the balance of the allowance use it for actual write off. On the other hand it credit the account receivable balance to reduce it as it is debit in nature.
Answer:
Reward system
Explanation:
The reward system is the mechanism that a company uses to provide a compensation to their employees that can include salary, bonuses, equity and perks to keep them happy, maintain loyalty and increase motivation. This allows the company to have a strong team that is willing to work hard in their daily activities to achieve the company's goals.
According to this, the answer is that in many larger U.S. based firms the reward system match(es) the overall strategy of the firm and reinforce(s) the culture emerging from day-to-day activities because the reward system is established in a way in which it contributes to the appropiate implementation of the strategy to achieve the goals and it also helps strengthen the way in which people perform their activities.
Answer:
By establishing cross-functional teams.
Explanation:
The Sunset foods company adopts a highly centralized functional structure, which is defined by decision-making as a strict function of the company's top management. In this structure, there is greater hierarchy and control, which makes it difficult for employees to collaborate on important company decisions and consequently contributes to a more rigid and not so innovative work environment.
Therefore, as the company's intention is to improve its ability to collaborate without sacrificing the benefits of its current centralized structure, the most appropriate strategy would be to establish multifunctional teams.
These teams are composed of people from different departments, which could better contribute to the transfer of ideas and information from one department to the other, while there is still managerial control over the teams.
Answer:
GDP in 2008 is $500 billion
Explanation:
Based on the information provided within the question it can be said that in this scenario we can conclude that the Gross Domestic Product (GDP) in the year 2008 is of $500 billion dollars. That is because the gross domestic product calculates the monetary value of all the goods and services that were produced within the nation's borders.