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Answer:
S/n Account Title and Explanation Debit Credit
a. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
b. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
Answer:
The answer is below
Explanation:
A Master Administrator is normally the individual who is tasked at establishing the company file in QuickBooks Online.
In other words, Master Admin possesses access to all portions of the company file and can grant authorizations and access to other users.
Therefore, a Master Admin Accountant User can view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant by doing the following:
1. Go to Settings
2. Select Manage Users.
3. Select Accounting firms.
4. Under the Company section, Select View Apps.
Answer:
<u>increasing real output and reducing unemployment</u>
Explanation:
The expansionary phase of the cycle is business characterized by the i<em><u>ncreasing real output and reducing unemployment.</u></em>
<em> Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.</em>
<em> Business cycle has main four stages expansion ,peak , contraction and trough.</em>
The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.
Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.
The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.
<h3>What is meant by opportunity cost?</h3>
This is the term that is used to talk about the foregone alternative. It is what would have to be neglected because of another choice that has to be taken.
What this means is that the money that would have been spent on other aspects of the government was spent on the world cup so the benefits that the people would have gotten from the options are lost.
Hence we can say that The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.
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