Answer:
See explanation section
Explanation:
To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.
December 31 Bad Debt Expense Debit $1,200
Account receivable - Acme, Inc. Credit $1,200
Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.
I would say d as investment banks are generally concerned with lending money to start up or fund business ventures. Commercial banks lend to almost anyone that can repay.
Answer:
b. decrease in the stock of capital due to wear and tear.
Explanation:
Depreciation is a reduction in the value of an asset over time, due in particular to wear and tear.
Depreciation is the gradual decrease in the economic value of the capital stock of a firm, nation or other entity, either through physical depreciation, obsolescence or changes in the demand for the services of the capital in question.
The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. ... Machinery, equipment, currency are some examples of assets that are likely to depreciate over a specific period of time.
Net cash flow is basically the difference of the cash balance from the beginning of the period to the end of the period. For this instance, we take sales and subtract the listed expenses.
January = 150,000 - 35,000- 20,000 -20,000 = 75,000 net cash flow
February = 175,000 - 39,000 - 25,000 - 45,000 = 66,000 net cash flow
For the change you divide (February/January) -1 or (66,000/75,000)-1= -.12
The growth in cash flow was -12%
Answer:
Salon
Explanation:
A salon is a group of personalities beneath one rooftop of an inspirational host, endured partially to tickle one another also slightly to improve the flavor and enhance the learning of the cooperators throughout the communication. Salons in the custom of the French literary including philosophical movements from the 17th and 18th centuries were moved on until as freshly as the 1920s in urban surroundings.
