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Arada [10]
4 years ago
9

If the allowance method of accounting for uncollectible receivables is used, what general ledger account is debited to write off

a customer's account as uncollectible?
a. Uncollectible Accounts Expense
b. Accounts Receivable
c. Interest Expense
d. Allowance for Doubtful Accounts
Business
1 answer:
natka813 [3]4 years ago
6 0

Answer:

The answer is D. Allowance for Doubtful Debt.

Explanation:

Allowance for Doubtful Debt reduces accounts receivable.

To write off an estimated amount that wont be received from a company receivables, the general ledge is the allowance for doubtful debt which is a contra asset account.

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What percentage of the 27.3 million businesses in the united states are small companies with less than 500​ employees?
Strike441 [17]
<span>Of the over-27 million businesses, only 18,500 employ over 500 employees. 18,500/27.3mil = 0.0678%, so subtracting that from 100% leaves 99.9322% of all companies having a workforce under 500 employees. These are the "small businesses."</span>
3 0
4 years ago
How do keynesian economic policies differ from the traditional laissez-faire policies developed by adam smith?
shusha [124]
Keynesian economic basically means that the goverment has to step in and try to stimulate economic wealth. This is were macroeconomics comes to play. Laissez fair in Belgium means hands off or lay. This explains why laissez fair is a strategy our previous presidents used to stop the Great Depression. In other words it means the govermeant steps out of helping hand and count on capitalism.
5 0
3 years ago
On January 1, 2018, Hobart Mfg. Co. purchased a drill press at a cost of $33,600. The drill press is expected to last 10 years a
dmitriy555 [2]

Answer:

2018 = $4,945.46

2019 -  $4,450.91

Explanation:

sum-of- the-years'-digits depreciation expense =( number of useful lives remaining / sum of the years ) x (Cost of asset - residual value)

sum of the years = 1 +2 +3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 = 55

depreciation expense in 2018 = (10 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.181818 = $4,945.46

depreciation expense in 2018 = (9 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.163636 = $4,450.91

8 0
3 years ago
As the director of HR, you are in a meeting with your corporate officers discussing the firm's deliberate use of personnel to ga
Vesnalui [34]

You are most likely discussing the general business environment in which your company must operate.

<h2>What is the general environment in business?</h2>

The diversity of external elements that have an impact on an organization's performance and operation is known as the general environment, or macro-environment. These outside factors can decide whether a company encounters market opportunities or failures.

The overall environment can influence how a firm identifies itself, the products it sells, and how it interacts with other businesses and regulatory bodies. When performing market research and strategic analysis, businesses often consider the overall environment.

<h2>What are the six elements of the business environment?</h2>

Sometimes, economic and legal aspects are combined to form five major components of the business environment. Political, economic, social, technological, legal, and environmental factors are the six components of the business environment.

<h3>What is the external business environment?</h3>
  • Economic, political and legal, demographic, social, competitive, international, and technological sectors make up the external business environment.
  • Managers need to be aware of how the environment is changing and how those changes are affecting the company.

learn more about area(s) of the general external business environment:

brainly.com/question/20814184?referrer=searchResults

#SPJ4

3 0
2 years ago
The best business writing is purposeful, economical, and ________. a. feelings oriented b. technical c. revenue driven d. audien
alexgriva [62]

Answer: (D) Audience oriented

Explanation:

 The effective business writing is should be economical, audience oriented and also purposeful to the public so that we can easily explain about the main objective of the topic.

The importance of the business writing is that  it helps in providing the strengthening of our organization and also build good communication with the consumers.

The audience oriented is one of the efficient communication with the audience where the speaker use their skills such as content and language for explaining bout the topic purpose in front of audience.

 Therefore, Option (D) is correct.

4 0
3 years ago
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