Answer:
Wei Company
Journal Entry:
Debit Allowance for Doubtful Accounts $7,800
Credit Accounts Receivable $7,800
To write-off accounts determined to be uncollectible.
Explanation:
a) Data and Calculations:
Allowance for Doubtful Accounts (Balance) = $35,000
Uncollectible accounts:
Oakley Co. $1,400
Brookes Co. $6,400
Total = $7,800
b) The amount of $7,800 considered to be uncollectible is written off against the Accounts Receivable. This reduces the Accounts Receivable while correspondingly increasing the Allowance for Doubtful Accounts.
Economists are concerned with an individual's wants because wants because the existence of wants leads to scarcity.
<u>Explanation:</u>
Wants are the wishes of the human beings. It is the desire that is to be achieved by human beings. Every individual wants something in life for the survival. The wants of human beings has led to the technology advancements and discovery of many new things.
Wants are never ending things in human life. When something is achieved and there arises another want to be achieved again. This is to live better and this betterment will be never ending one, hence, economists view wants of individuals to lead to scarcity.
Answer:
the impact of price on consumers' purchasing ability and decisions
- Be sure to include the options next time..
<span>It is vitally important that all organisations keep a step ahead of their competitors and that they can understand their market and where they fit in it. Complacency is the killer of all businesses. The fact that you have succeeded once does not give you the magic elixir for eternal success. It is a constant struggle of creating new innovations and foresight.
Market research gives you a map of where you have been and where you might want to head. It shows the bumps along the way and the trends that may be cyclical that you must consider. It shows where you are in relation to your competitors and areas that will need improving to maintain competitiveness.</span>
Answer:
sorry i have school but others day maybe tomorrow
