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Vlad1618 [11]
3 years ago
8

The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $2

9,427 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. Johnston Supplies, Inc. writes off $3,241 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off. Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019.

Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer:

1.Adjustment required=$6713

Attachment contains the calculation, journal entry write off and allowance for doubtful account

Explanation:

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Applicants for positions at a product distribution site are required to demonstrate the ability to drive a forklift and operate
FromTheMoon [43]

Answer:

The correct answer is b. recruitment and selection .

Explanation:

In the recruitment process, all the information of the employee, his experience, studies, skills, hobbies, family circle, expectations, aspirations, etc. is collected. From this moment on, a series of tests are carried out to determine that what has been previously stated is true, as well as simulating situations to know their behavior in the face of challenges of a different nature. In the particular case, technical skills in forklift driving and machine skills are required, which requires verification and practice processes to determine the suitability of the candidate to successfully execute this position.

3 0
3 years ago
Chancellor Ltd. sells an asset with a $2.4 million fair value to Sophie Inc. Sophie agrees to make seven equal payments, each to
sattari [20]

Answer:

The Annual payment to be made is $445,327

Explanation:

The computation of the annual payment is shown below;

As we know that

The Present value of assets = Annual payment to be made × Present value annuity factor (i%,n)

$2,400,000 = Annual payment to be made × Present value annuity factor (7%,7)

$2,400,000 = Annual payment to be made × 5.3893

So,

The Annual payment to be made is $445,327

4 0
3 years ago
Are the stages of product life cycle more important for a business to focus on the introduction stage or the growth stage of a p
ozzi

Product life cycle is important for a business to focus on the introduction stage then the growth stage because the products to gain distribution as the product is initially new in the market. The quality of product is not assured and the price of the product will also determine as low or high.

Explanation:

  • The cost is going to be on a higher side.
  • The sales will be slow since there is no awareness of the product.
  • There might be little or no competition in the market.
  • You make very little money of the product sold.
  • Customer are to prompted to take initiate into the product.
  • Demand has to be created.
  • Marketing cost at the highest level because of recognition.
  • Profit is received from product is very minimal.
  • First impression is the last impression that impression is created
  • In the introduction of the product.

4 0
3 years ago
What was the earliest franchise of indoor cycling classes called?.
FinnZ [79.3K]

The earliest franchise of indoor cycling classes called Spinning

<h3>Spinning</h3>

  • Spinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.

In conclusion, we can conclude that the correct answer is spinning.

learn more about spinning from here: brainly.com/question/339581

5 0
2 years ago
An economy begins in long-run equilibrium, and then a change in government regulations makes holding money less attractive. a. (
deff fn [24]

Answer: Demand Curve shifts left

Explanation:

Money is now less attractive to hold so people will demand less of it. This will cause the demand curve in the monetary market therefore to shift to the left.

Shifts in the demand curve for money are usually caused when a non-interest determinant of demand changes such as a decrease in income.

7 0
3 years ago
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