I believe The only legal filing status for Molly will be a qualifying widow.
Hope this helps !
Answer:
The following are those which helps in playing a key role in helping organizations to achieve their goals:
O. Computers can be used by people at all levels of an organization.
O. Workers use information systems to produce and manipulate information.
O. Managers depend on information systems to supply data that is essential for long-term planning and short-term tactical planning.
O. A decision system helps workers and managers make non-routine decisions by constructing decision models that include data collected from internal and external sources.
O. A(n) engine evaluates the facts and rules to produce answers to questions posed to the system.
O. Using a technique called logic, these systems can deal with imprecise data and problems that have more than one solution.
Explanation:
Answer and Explanation:
The journal entries are shown below:
a. Bad Debt Expense ($135,500 × 5% - $2,304) Dr. $4,471
To Allowance for Doubtful Accounts Cr. $4,471
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expense and credited the allowance for doubtful debts as it decreased the value of the assets
b. Bad Debt Expense ($135,500 × 5% + $678) Dr. $7,453
To Allowance for Doubtful Accounts Cr. $7,453
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expense and credited the allowance for doubtful debts as it decreased the value of the assets
Answer and Explanation:
The Journal entry is shown below:-
Cash account Dr. $50,000
To Paid in Capital in Excess of Stated Value account $45,000
To Common Stock account $5,000
(Stated Value 1 × $5,000)
Being common stock issued is recorded)
For recording the common stock issued we simply debited the cash account as it is increasing assets while we credited the paid in capital in Excess of Stated Value and common stock as equity is increasing.
