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enot [183]
3 years ago
6

The real-balances effect suggests that a

Business
1 answer:
Anettt [7]3 years ago
8 0

Answer:

A

Explanation:

real-balance effects do not have to so with the valuation of financial assets.

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What makes Ford a successful business?
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The key is efficiency. Ford and his business were captains of efficiency, from mass manufacturing via the factory line to economical individual effort. Ford Motor Company produced cars swiftly assembly line.

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6 0
9 months ago
On January 1, 2010, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,085. During the first 11 months of the ye
ch4aika [34]

Answer:

(a) What was the total of accounts written off during the first 11 months?

bad debts written for the first 11 months = allowance for bad debt accounts January 1 balance + bad debt expense - allowance for bad debt accounts November 30 balance = $13,085 + $21,937 - $9,919 = $25,103

(b) As the result of a comprehensive analysis, it is determined that the December 31, 2010, balance of the Allowance for Bad Debts account should be $9,450. Show the adjustment required in the journal entry format.Allowance for bad debt Debit $Bad debt expenses Credit $

to determine the amount of bad debt expense that must be adjusted, we must subtract the estimated balance in December 31 from the balance in November 30 = $9,919 - $9,450 = $469. Since the November 30 amount is larger, it means that we over estimated our bad debt expense and it must be reduced:

Dr Allowance for doubtful accounts 469

    Cr Accounts receivable 469

6 0
3 years ago
The person who receives financial protection from a life insurance plan is called a what?
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The person who receives financial protection from a life insurance plan is called a Beneficiary

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Which explains how revenue is determined?
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The total amount of money that is brought in by sales
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