Answer: Option C - Assets are Overstated; No effects on liabilities: Equity is Overstated
Explanation:
When Bad debts are recorded, they will reduce the Accounts Receivable account because less money will be expected from debtors. Accounts Receivable is an asset account so it will be Overstated if bad debts are not recorded.
Equity will also be overstated because bad debts is an expense that is sent to the Income statement. If this expense is not deducted, the net income will be larger than it should be and when added to Equity it will overstate it.
Franklin replies that Ashley should add information about the job responsibilities, work schedule, and starting date.
<u>Explanation:</u>
The job offer letter is delivered by the authority to permit and ask an individual officially to join the firm or an organization under given time period by responding in respective manner. This offer letter for job joining carry various basic information like
- Job profile: which carry the type of work candidate need to perform in firm.
- Job responsibilities: carry point wise all the work or duties one need to perform on daily basis especially and also occasionally like closing or festive time.
- Work schedule: carry the stage wise or time allotment to each duty respectively.
- Joining date: the very important information is date, time and venue of joining.
Answer:
The correct answer is letter "B": Congratulations! We would like to offer you the position of senior analyst.
Explanation:
Direct writing implies providing relevant information at first and additional details at the end. This is to avoid misinterpretation of the message and to avoid running in circles before giving the audience news that can be of interest. Direct writing must be objective and avoid exuberance. Thus, the phrase:
<em>Congratulations! We would like to offer you the position of senior analyst.</em>
Meets the direct writing criteria since it straight provides the information the reader was waiting for -being accepted or not for the senior analyst position.
