The right answer for the question that is being asked and shown above is that: "Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged." The statement that most directly relates to the broad economic goal of freedom is that Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged<span>
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Answer:
The ending balance in the Allowance for Bad Debts is 20,500 CREDIT
Explanation:
The ending balance of Allowance for bad debts would be the 2.5% of sales
The adjustment is made to get the allowance for Bad Debt match the estimate uncollectible ammounts.
Notice it state <em>"company adjusted for bad debt expense"</em>
This means<u> it debit this account as much as it needed to be</u> to make allowance match the estimate allowance.
The write-off are transaction durign the period. They are irrelevant
So the ending balance is:
<em>2.5% of credit sales of 820,000 = $20,500</em>
It is important to remember that <u>Allowance is a counter-asset account</u>. His <em>normal balance is credit</em>, so the<u> final balance is credit.</u>
Monthly statements, investment options, and online banking services.
Answer:
The correct answer is option C. To summarize the main point of the paragraph
Explanation:
A topic sentence is the most important part of a paragraph. The main purpose of a topic sentence is to provide a concise statement that reflects the purpose of the paragraph or the information that is going to be provided in the paragraph effectively.
It is usually the first sentence of a paragraph and becomes the opening statement of a paragraph in formal writings.
I hope the answer is helpful.