Answer:
Uncollectible account expense $8,600
Explanation:
The computation of the amount as the Uncollectible Accounts Expense on its Year 2 income statement is given below:
Allowance account - Beg year 2 $3,600 Credit
Written off account $6,600 Debited by
Unadjusted balance in Allowance account $3000 Debit
Adjusted balance required in Allowance account $5,600 Credit
Uncollectible account expense $8,600
Any interest that you receive from a bank is taxable income, so I guess its false
The euro is the common currency across Europe.
Answer:
I will:
b) Hold meetings with employees, volunteers, and representatives of other local shelters and listen carefully as they brainstorm ideas.
c) Honestly acknowledge the challenges the organization faces while also communicating optimism about finding the resources to fulfill your mission.
Explanation:
a) Withholding information about the organization's financial picture will not make employees to be loyal. They are likely to find out the true position sooner than later. If information is withheld and they find out later, they would never be loyal. They would certainly leave the organization before financing is found for the organization sustenance.
b) Deceiving people by staying in the office and maintaining a "poker face" is not an option either. "Poker face" cannot last forever. One day, the true picture will show on the face. Deception is not an art for business progress.
Answer:
D. A large number of people are unemployed and have decreased spending power.
