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Answer:
The required entries are plot in the following explanation.
Explanation:
(a)
Debit Bad Debt Expense 9,350
Credit Allowance for Doubtful Accounts 9,350
[19,350 - 10,000]
(b)
Debit Allowance for Doubtful Accounts 1,000
Credit Accounts Receivable 1,000
Answer:
Clementine's sales volume variance = (BQ - AQS) x Standard profit margin
= (974 - 1,051) x ($95 - $49)
= $3,542(F)
Explanation: Sales volume variance is the difference between budgeted quantity and actual quantity sold multiplied by standard profit margin. Standard profit margin is the excess of budgeted selling price over actual selling price.
Answer:
Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.
