1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
drek231 [11]
3 years ago
5

According to goal setting theory, an employer can increase employees’ motivation to reach goals by _____

Business
1 answer:
Burka [1]3 years ago
3 0
According to goal setting theory used and applied by many companies in the organization, an employer or the employer can increase the employee's motivation to work harder in order for them to reach their goals by "settings the goals with their presence or having them participate in the goal setting". It is very important for the employees that they can share their thoughts and they were asked if the goals being set were okay for them and achievable. This would make more eager to work and they would persevere to accomplish the goals that they set with their employer on which both parties agreed.
You might be interested in
At the beginning of the current period, Griffey Corp. had balances in Accounts Receivable of $200,000 and in Allowance for Doubt
Wewaii [24]

Answer:

  • (a) Prepare the entries to record sales and collections during the period.

Dr Accounts Receivable  $ 800,000  

Cr Sales  $ 800,000

Dr Cash   $ 763,000  

Cr Accounts Receivable   $ 763,000

  • (b) Prepare the entry to record the write-off of uncollectible accounts during the period

Dr Allowance for Uncollectible Accounts $ 7,300  

Cr Accounts Receivable   $ 7,300

  • (c) Prepare the entries to record the recovery of the uncollectible account during the period.

Dr Accounts Receivable  $ 3,100  

Cr Allowance for Uncollectible Accounts  $ 3,100

Dr Cash $ 3,100  

Cr Accounts Receivable   $ 3,100

  • (d) Prepare the entry to record bad debt expense for the period.

Dr Bad Debt Expense $ 20,200  

Cr Allowance for Uncollectible Accounts  $ 20,200

Explanation:

  • Initial Balance  

Dr Accounts Receivable   $ 200.000

Cr Allowance for Uncollectible Accounts  $ 9.000

  • During the period, it had net credit sales of $800,000  

Dr Accounts Receivable  $ 800.000  

Cr Sales  $ 800.000

  • Collections of $763,000  

Dr Cash $ 763.000  

Cr Accounts Receivable   $ 763.000

  • It wrote off as uncollectible accounts  

Dr Allowance for Uncollectible Accounts $ 7.300  

Cr Accounts Receivable   $ 7.300

  • A $3,100 account previously written off as uncollectible was recovered  

Dr Accounts Receivable  $ 3.100  

Cr Allowance for Uncollectible Accounts  $ 3.100

Dr Cash $ 3.100  

Cr Accounts Receivable   $ 3.100

  • Assuming 5% of accounts receivable, the journal entry:  

Dr Bad Debt Expense $ 20.200  

Cr Allowance for Uncollectible Accounts  $ 20.200

  • FINAL Balance  

Dr Accounts Receivable  $ 229.700  

Cr Allowance for Uncollectible Accounts  $ 25.000

Bad accounts are those credits granted by the company and there is no possibility of being charged.

When customers buy products on credits but the company cannot collect the debt, then it's necessar to cancel the unpaid invoice as uncollectible.

One way is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Reserve for Bad Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

8 0
3 years ago
The Bennet Family Enters into Legal Enforceable Contracts?​
sveta [45]

Answer:

you need to describe more... then I will answer

4 0
3 years ago
Answer this question on the basis of the given information for an economy in 2016. dollar value of resource extraction activity
Flura [38]
<span>Basis of the given information for an economy in 2016. Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion Gross output for this economy in 2016 equals $260 billion.</span>
6 0
3 years ago
A firm is producing an output such that the benefit from one more unit is more than the cost of producing that additional unit.
Burka [1]
Losing they're investment dollars. calculating the cost of production.
5 0
3 years ago
Please select the word from the list that best fits the definition Easily expresses their feelings
qwelly [4]

it is intrapersonal, and i know that for a fact.

7 0
3 years ago
Read 2 more answers
Other questions:
  • How does the additional policy channel available in an open economy affect monetary​ policy?
    11·1 answer
  • Fact Pattern: Jackson Industries employs a standard cost system in which direct materials inventory is carried at standard cost.
    5·1 answer
  • ILK has preferred stock selling for 95 percent of par that pays a 9 percent annual coupon. What would be ILK’s component cost of
    8·1 answer
  • He scientific method is
    12·1 answer
  • On December 18, Intel receives $246,000 from a customer toward a cash sale of $2.46 million for computer chips to be completed o
    13·1 answer
  • Why does a government place price ceilings, such as rent control, on some “essential” goods?. A. to prevent the development of a
    13·2 answers
  • which costs of inflation could the government reduce without reducing inflation? a. arbitrary redistributions of wealth b. shoel
    14·1 answer
  • Assume the real rate was 9.5% and the inflation rate was 4%. Using the Fisher Effect, what was the nominal rate?
    13·1 answer
  • Click this link to view O*NET's Work Activities section for Heating and Air Conditioning Mechanics and Installers.
    13·1 answer
  • I give you loooots of points for this very important question......
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!