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AlekseyPX
3 years ago
8

The doctrine that makes a defendant liable even if the defendant is without fault is called...

Business
1 answer:
Elanso [62]3 years ago
4 0
<span>C: strict liability

I hope this helped ya :)</span>
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__________ is a contra asset account representing the amount of accounts receivable that we do not expect to collect.
maw [93]

Answer:

Allowance for uncollectible accounts

Explanation:

This account is a contra asset account which says that the account receivable amount is not collected in near future

It is shown in the asset side of the balance sheet

Assets side

Current Assets

Accounts receivable                           XXXXX

Less: Allowance for doubtful debts   (XXXXX)

Net accounts receivable                       XXXXX

It is an estimated amount which is not to be paid by the customer in respect to goods delivered to them

The journal entry would be

Bad debt expense A/c Dr XXXXX

     To Allowance for uncollectible accounts A/c XXXXX

(Being the uncollected amount is recorded)

6 0
3 years ago
When might be the best time to start saving for retirement?
Vilka [71]
When you 40 some I think
7 0
3 years ago
If the government sets out to make home buying easier for more people by forcing lenders to accept ____________ down payments an
Artemon [7]

Answer:

If the government sets out to make home buying easier for more people by forcing lenders to accept LOWER down payments and LOWER interest rates, the result will likely be an INCREASE in housing prices

Explanation:

If either interest rates or down payment amounts lower, the quantity demanded for houses will increase a little, possible leading to a small increase in the prices of houses.

If both interest rates and down payment amounts lower, then the quantity demanded for houses should increase a lot, which will result in an increase in the prices of houses.

This happened during the first decade of our century and everything was fine until the interest rates started to increase and people could no longer pay their mortgages and BOOM, the economy busted.

7 0
3 years ago
Presented below are incomplete manufacturing cost data.
Usimov [2.4K]

Answer and Explanation:

The computation of the missing amount is as follows

As we know that

Total manufacturing costs is

= Direct materials cost + Direct labor cost + Factory overhead  cost

And,

Cost of goods manufactured is

= Total manufacturing costs + Beginning work in process - ending work in process

Based on this, the calculation is as follows

  <u> Direct materials Direct labor Factory       Total</u>

<u>                                                       overhead  manufacturing costs </u>

1. $44,000               $62,200     $51,100        $157,300

2. $78,500             $77,500     $144,000       $300,000

3. $58,600            $138,400     $114,000       $311,000

Now

<u>  Total Manufacturing Costs Beg. Work   End. Work  Cost of Goods </u>

<u>                                               in Process  in Process  Manufactured </u>

1. $157,300                           $122,000     $85,200      $194,100

2. $300,000                         $123,400        $99,800     $323,600

3. $311,000                            $465,000       $57,000     $719,000

4 0
3 years ago
Ashley, a purchasing manager, tells Franklin, the human resource manager, that she has selected a candidate to be her purchasing
ale4655 [162]

Franklin replies that Ashley should add information about the job responsibilities, work schedule, and starting date.

<u>Explanation:</u>

The job offer letter is delivered by the authority to permit and ask an individual officially to join the firm or an organization under given time period by responding in respective manner. This offer letter for job joining carry various basic information like

  • Job profile: which carry the type of work candidate need to perform in firm.
  • Job responsibilities: carry point wise all the work or duties one need to perform on daily basis especially and also occasionally like closing or festive time.
  • Work schedule: carry the stage wise or time allotment to each duty respectively.
  • Joining date: the very important information is date, time and venue of joining.
4 0
3 years ago
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