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Vitek1552 [10]
3 years ago
14

When the allowance method of accounting for uncollectible accounts is used, then

Business
1 answer:
Brums [2.3K]3 years ago
4 0

Answer:

Bad debt expense is recorded in the same year as the credit sale.

Explanation:

Allowance method is generally refer to one of the ways for reporting the uncollectible or bad debt expense which results from a company selling the goods on credit.

This method is used for the process or procedure of uncollectible accounts receivable that records the estimate of the bad debt expense in the same accounting year to which is belongs as the sale. This method is used for adjust the accounts receivable appears on the balance sheet of the company.

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3. Based on sales, what products do customers want? How accurately did the
PilotLPTM [1.2K]

Answer: Market survey

Explanation:

One of the ways to determine what customers want is my doing s survey. A survey would guide you through what they want. One of the ways to do this survey to get accurate answers is through questionnaire's, questionnaire's could be sent through mobile or advert or mails, asking what exactly what the customers want, from the feedback, the owner can predict accurately.

5 0
3 years ago
When a person is unable to make a decision because they have no way to process and weigh the risks and rewards in front of them,
lesya [120]
The answer is Analysis Paralysis.  <span />
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High beams should be:
AleksAgata [21]
ANSWER = b

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3 years ago
When the unemployment rate is at a steady state: Group of answer choices the number of people finding jobs exceeds the number of
liraira [26]

Answer:

The number of people finding jobs equals the number of people losing jobs.

Explanation:

Unemployment rate can be defined as the percentage of unemployed workers that are present in the the labor force. The Labor force of a country comprises of both employed and unemployed individuals that are present in the country. Unemployment rate can also be described as the percentage of the total workforce of a country that is yet to be gainfully employed.

High unemployment rate poses an adverse effect on the economy, it leads to an increase in crime rate this is due to the fact that unemployed individuals have no source of income to take care of their respective families and as such have to turn to the life of crime inorder to earn money.

7 0
3 years ago
The acts of receiving shipments, breaking down shipments, repackaging shipments, and distributing components to a manufacturing
ehidna [41]

Answer: Cross docking

Explanation:

The cross docking is one of the logistics procedure in which the various types of goods and the services are directly distributed from supplier to the consumers.

The main aim of the cross docking process is that it helps in increase the efficiency in the supply chain and it is used for handling the inventory system.

It is the process in which the the shipment are received, repacking of the shipments and then it is supply to the customers by the distribution center.

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