The answer for your problem is a
Answer:
B. Mateo
Explanation:
He just graduated college therefore he has loans to pay back which could take a long time and an advisor may not fit in to his budget right now.
Answer:
Allowance for Doubtful Accounts and
Bad debt expense
(to fill the gaps)
Explanation:
Allowance for Doubtful Accounts is the account used to record receivables that may not be collectible. When receivables may be incollectible, the entries posted are
Debit Bad debt expense
Credit Allowance for Doubtful Accounts
When the receivables can no longer be collected
Debit Allowance for Doubtful Accounts
Credit Account receivables
Hence for Amend Inc, the reversals of the above entries is what is required. Since Amend Inc. has debited Accounts Receivable and credited Allowance for Doubtful Accounts to reestablish an account previously written off, the second set of entries required would be
Debit Allowance for Doubtful Accounts
Credit Bad debt expense
Answer: True
Explanation:
A price break is a price reduction especially when one buys in bulk. Price Break model is used when there is variation between the inventory price and the order size.
In a price break model. the economic order quantity is computed for every possible price and matched to the inventory amount available at that price. It can then be used to ascertain if the smallest cost quantity is possible.
Answer:
E. Customer satisfaction
Explanation:
Customer satisfaction is a benefit and not a cost.
