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Rainbow [258]
3 years ago
6

Wesley's grandfather was a sharecropper, farming someone else's land. wesley's father was a farmer who farmed his own land. wesl

ey owns an international dairy company that is responsible for providing milk products to people all around the world. this reflects:
Business
1 answer:
KonstantinChe [14]3 years ago
7 0
<span>This reflects upward mobility and globalization. It also reflects a tendency by Wesley and his father to follow in their fathers' footsteps and choose a similar (in this case agricultural) career path. It reflects upward mobility because farming your own land is more prestigious and profitable that being a sharecropper, comparing Wesley's father to his grandfather's situation; and owning and international dairy company is more prestigious and profitable than owning one farm. Wesley's role in the world market also represents globalization, as this global market was likely not open to his father or grandfather.</span>
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Under the allowance method, bad debts expense is recorded with an adjustment at the end of each accounting period that debits th
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Answer:

Dr. Allowance for Doubtful Accounts...1,200

Cr. Accounts Receivable....................................1,200

Explanation:

When a specific customer's account is identified as uncollectible, the journal entry to write off the account is:

A credit to Accounts Receivable (to remove the amount that will not be collected)

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Therefore the JOURNAL ENTRIES for the $1,200 uncollectible debt will be

Dr. Allowance for Doubtful Accounts...1,200

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8 0
3 years ago
Angus works as a dairy farmer in Minnesota. He loves his work and finds a great deal of personal satisfaction in providing the h
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Answer:

Explicit costs are the costs which requires the money to pay.

On the other hand, implicit costs refers to the benefit that is foregone by choosing some other work or doing some other activity.

Therefore,

Explicit costs are as follows:

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3. Gas expense that is used in truck

Implicit costs are as follows:

1. Foregone income of $27,000 from working at a dairy plant as a technician.

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Traditional systems work, however, in terms of information systems, we can also have the decrease in information errors, so it is important that they be as automated as possible.

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I believe the Answer is false
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Because the general economy takes a downturn, the company is likely to offer rebates and incentives for customers who purchase washing machines.

<h3>What are the rebates and incentives?</h3>

In marketing, these are techniques of marketing promotion that are used to entice, induce prospective customers.

Therefore, as the firm has expanded its capacity where the the general economy takes a downturn, it is likely to offer rebates and incentives for customers who purchase washing machines.

Read more about marketing promotion

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3 0
2 years ago
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