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3 years ago

Coaches can receive a bonus from the booster club at the conclusion of a season.

Business

1 answer:

inna [77]3 years ago

4 0

Answer:

The statement is true

Explanation:

Booster club is the organization which is formed in order to support the organization, associated club and sports team. The club support through coordinating events or raising the funds.

So, yes, the coaches are legally could receive the bonus from the booster club at the season conclusion as the booster clubs are not state funded, so they are intended to use the money for the school resources.

And there is no legal matter is involves with giving the coaches bonuses as the booster club raise the fund from the extra circular activities.

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cricket20 [7]

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Explanation:

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3 years ago

A portfolio has 45 percent of its funds invested in Security One and 55 percent invested in Security Two. Security One has a sta

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3 years ago

The Accounts Receivable balance for Clark , Inc. at December 31, 2017 , was $ 24 comma 000 . During 2018 , Clark earned reve

Ne4ueva [31]

Answer:

Debit Bad debt expense $13,314

Credit Allowance for doubtful account $13,314

(To record bad debt expense)

Explanation:

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Debit Accounts receivable $457,000

Credit Sales revenue $457,000

(To record sales revenue on account)

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Credit Accounts receivable $323,000

(To record collection on account)

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