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3 years ago

Which of the following is a feature of an effective business email?

Business

1 answer:

TiliK225 [7]3 years ago

4 0

Answer:

The subject line clearly states what the email is about

Explanation:

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Using the allowance method of accounting for uncollectible receivables, the entry to reinstate a specific receivable previously

nasty-shy [4]

Answer:

D) Debit to Accounts Receivable

Explanation:

If you want to reinstate a specific receivable previously written off you need to do the opposite accounting entry at when the written off was made.

Previously was made a credit in the accounts receivable to deduct the amount of the bad debt, the opposite would be to make a debit in the Accounts receivable ot reflect the reinstanted value.

3 0

3 years ago

If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?

liberstina [14]

Answer:

c. $4.68 trillion

Explanation:

Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.

The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.

If the velocity of money is 3, narrow money circulates three times, meaning the value of GDP will be the velocity of money multiplied by narrow money

=3 x 1.56 billion

=4.68 billion

7 0

3 years ago

The Work in Process inventory account of a manufacturing company shows a balance of $2,600 at the end of an accounting period. T

hichkok12 [17]

Answer: 150%

Explanation:

Based on the question,

Direct materials = $400 + $200 = $600

Direct labor cost = $300 + $500 = $800

Overhead = Closing WIP - Direct material cost - Direct labor cost

= $2600 - $600 - $800

= $1200

The predetermined overhead rate based on the direct labor will be calculated as:

= Overhead / Direct labour cost

= $1200/$800

= 1.50

= 150%

6 0

3 years ago

In preparing a bank reconciliation, outstanding checks are__________.

Agata [3.3K]

Answer:

The correct answer is (C)

Explanation:

During the preparation of bank reconciliation, outstanding share are added to the balance per bank. Balance per bank is the ending money balance showing up on a bank statement. A business will make changing sections to its own money book parity to accommodate the contrast between its own balance and the balance per bank

6 0

3 years ago

An analysis of stockholders' equity of Hahn Corporation as of January 1, 2020, is as follows: Common stock, par value $20; autho

Oksana_A [137]

Answer:

$905,000

Explanation:

Calculation to determine what should Hahn report at December 31, 2020, as total additional paid-in capital

Total Additional Paid-in capital=$900,000 + (2,000 × $5) –[(2,500-2,000)× $10]

Total Additional Paid-in capital=$900,000 + (2,000 × $5) – (500 × $10)

Total Additional Paid-in capital=$900,000 + $10,000-$5,000

Total Additional Paid-in capital = $905,000

Therefore The amount that Hahn should report at December 31, 2020, as total additional paid-in capital is $905,000

5 0

3 years ago