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Sedaia [141]
3 years ago
13

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2

,800 uncollectible account of its customer, A. Hopkins. The entry or entries Gideon makes to record the write off of the account on May 3 is:
Business
1 answer:
Natali5045456 [20]3 years ago
6 0

Answer:

Journal Entry

May 3

Dr. Allowance for doubtful accounts   $2,800

Cr. Account Receivable                        $2,800

Explanation:

When a receivable of the business is considered to be non-collectible from a customer, it is written off from the accounts. This event will decrease the account receivable balance and allowance for the doubtful accounts too. a Debit entry in the Allowance for doubtful account and a credit entry in accounts receivable is made to incorporate the effect of this transaction.

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Expansion ..............
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A client presents with chief complaints of unexplained weight gain and back pain from a compression fracture of the vertebrae. O
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Answer:

The correct answer is Cushing's Syndrome.

Explanation:

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3 years ago
Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact that he would en
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Answer:

Framing effects.

Explanation:

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In the given scenario, Josh's decision to have tiramisu only when others are having dessert and not if he would be the only one having dessert is affected by the framing effect. This is because his decision is influenced by the way others behave rather than his desire to eat even his favorite dessert.

Thus, the correct answer is the framing effect.

4 0
3 years ago
Suppose the domestic price (without international trade) of copper is $1.20 per pound in the United States while the world price
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If  the world price is $1.00 per pound. Assuming the small-country model is applicable and no transportation costs, the United States will import copper.

<h3>What is import?</h3>

Import can be defined as the process of bringing in goods produce in another country into your own country so as to sale them in your own country.

Since the world price is $1.00 per pound and United states price is $1.20. If no transportation cost importing copper into United state will be the best choice as this will help to lower cost.

Therefore  assuming the small-country model is applicable and no transportation costs, the United States will import copper.

Learn more about import here:brainly.com/question/536549

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2 years ago
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I don't what the answer is but I will look for it

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3 years ago
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