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Sidana [21]
3 years ago
6

Allowance for Doubtful Accounts has a credit balance of $2,100 at the end of the year (before adjustment), and an analysis of cu

stomers' accounts indicates uncollectible receivables of $19,700. Which of the following entries records the proper adjustment for bad debt expense?
a. debit Bad Debt Expense, $21,800; credit Allowance for Doubtful Accounts, $21,800
b. debit Allowance dfor Doubtful Accounts, $17,600; credit Bad Debt Expense, $17,600
c. debit Allowance for Doubtful Accounts, $21,800; credit Debt Expense, $21,800
d. debit Bad Debt Expense, $17,600; crdit Allowance for Doubful Accounts, $17,600

Other receivables includes all of the followoing EXCEPT:

a. taes receivable
b. interest receivable
c. receivables from employees
d. notes receivabe
Business
1 answer:
OleMash [197]3 years ago
8 0

Answer:

1. Analysis of accounts receivables Allowance Required     $19,700

Less: Credit balance available in Allowance account           <u>$2,100</u>

Additional allowance required                                               <u>$17,600</u>

The journal entry will be as follows

                                                              DEBIT        CREDIT

Bad debt expenses                              $17,600

Allowance for doubtful accounts                            $17,600

Hence, the correct option is D.

2. Other receivables include all except "Notes Receivables"

Hence, the correct option is D

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Answer:

1- Health

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3- Warm feelings and reader benefits.

Explanation:

Build interest in your sales message by developing your central selling points with rational, emotional, or dual appeals. Rational appeals are appropriate when a product is, for example, important to <u>health</u><u>.</u> Emotional appeals are appropriate when a product is, for example,<u> essential</u> . Whether using rational or emotional appeals, remember to translate cold facts into <u>warm feelings and reader benefits</u>.

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For a health product, there must be a rational appeal, as the information contained in the sales message must be real, detailed and secure.

For an essential product, it is important that there is an emotional appeal to create feelings and expectations in the customer that make him want to obtain such a product.

Whether using rational or emotional appeals, remember to translate cold facts into warm feelings and reader benefits.

<em />

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4 0
3 years ago
The ultimate economic burden of a tax is best captured by: A. the marginal tax rate. B. the effective tax rate. C. the average t
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Answer:

B

Explanation:

The ultimate economic burden of a tax is best captured by the effective tax rate, which is the average rate at which an individual is taxed on earned income or at which a corporation is taxed on profits before tax.

8 0
3 years ago
How can I start for drug design to end up having a career as a drug designer?
MatroZZZ [7]

Answer:

Inorder to start for drug design to end up having a career as a drug designer, one needs to follow the processes below;

1. Discovery

2. Product characterization

3. Formulation, delivery, packaging development

4. Phamacokinetics and drug disposition

5. Preclinical toxicology testing and IND application

6. Bioanalytical testing

7. Clinical trials

Explanation:

Drug design is a method in which one develops new medicinal drugs based on the knowledge of a biological target.

The knowledge of the biological target is it's molecular make up. Once the molecular information about the target has been determined, the drug is developed to compliment the bio-molecular properties of the target.

The bio-molecular properties usually considered are the shape and the charge.

There are seven major processes to complete drug design. They are as follows;

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This starts with a target identification where the biochemical relationship involved in the disease condition. The interaction between a drug candidate and the drug target is determined using rigorous screening processes. A lead compound is chosen after effective review.

<em>2. Product characterization</em>

The candidate molecule is then classified and its characteristics noted.

<em>3. Formulation, delivery, packaging development</em>

Formulations for proper drug delivery parameters should be determined. This will include all parameters of shipment and storage to ensure proper and safe delivery.

<em>4. Phamacokinetics and drug disposition</em>

Pharmacokinetics(Pk) offer useful feedback to the formulation scientists. Pk offers parameters such as area under the curve and the maximum concentration of the drug in the blood and the time at which the maximum concentration is reached.

<em>5. Preclinical toxicology testing and IND application</em>

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6 0
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The Republic of Monaslu is exporting what it can most efficiently produce and the country of Ingora is exporting what it can most efficiently produce. They are also both importing goods that they need.

<h3>Further Explanation</h3>

the Hecksher-Ohlin theory

This theory is based around the idea that countries should export goods or labor that they are the most efficient at producing. This efficiency also means that they should be able to easily turn a profit on these goods or services. Examples would be a country who has a great deal of oil reserves but not enough agriculture. The country would export its oil to then import agricultural products.

the mercantilist doctrine

This doctrine is in full support of domestic goods. The government regulates trade in such a way that promotes domestic goods over imports. Imported goods are heavily regulated through tariffs, while domestic goods are heavily protected.

the product life-cycle theory

This theory states that there are three stages in the life-cycle of a product that enters the market. The first stage is the product introduction. This stage is just as it sounds, the product enters the market. It first starts off in the local market with very little production because it is new and not well known. There are some changes made to the product to make it better and possibly less expensive to produce. As it becomes more popular production and distribution increases. The second stage is the maturity stage. The product is being distributed internationally. Changes to the products are still ongoing, but fewer. Production facilities are being built in various locations so as to produce locally and reduce cost. The last stage is product standardization and streamline of manufacturing. At this stage, the product has undergone it's final iteration. The production facilities are standardized so as to reduce cost. Also, other similar products have begun to flood the marketplace.

the theory of absolute advantage

This is when a producer can produce the same quantity and quality of goods or services as another producer for lesser cost. Therefore it is more efficient and cost effective so it is more profitable.

<h3>Answer Details</h3>

Level: College

Subject: Business

<h3>Keywords</h3>

the Heckscher-Ohlin theory, the mercantilist doctrine, the product life-cycle theory, the theory of absolute advantage.

<h3>Learn More</h3>

the Heckscher-Ohlin: brainly.com/question/4626740

Which of the following is NOT a proposition of the Heckscher-Ohlin model?: brainly.com/question/12978629

7 0
3 years ago
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Answer:

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