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So A.)
Answer: Rising food prices affect macroeconomic stability as well as the welfare of net buyers of food. This has a significant impact on poorer households that use a larger proportion of income for food.
Explanation:
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $19,340
To Allowance for doubtful debts $19,340
(Being estimated uncollectible amount is recorded)
For recording this journal entry, we debited the bad debt expense account and credited the Allowance for doubtful debts so that the amount is correctly recorded in the correct item.
An individual customer's account receivable is recorded in the customer's ledger account and then summarized with all other customers accounts on the balance sheet as accounts receivable.
Explanation:
The ledger account that provides a subsidiary ledger's account balances is called a control account. The subsidiary ledger collects the transaction data of individual creditors. The accounts received by the subsidiary ledger have a separate account for each customer who makes credit purchases.
The sum of the balances of the subsidiary ledger should equal the balance of related controlling account. it supports the controlling accounts in general ledger.
The balance sheet is the summary of current balances in the firm's Assets, liabilities, and equities accounts.
The common subsidiary ledges are accounts payable ledger, accounts receivable ledger, fixed assets ledger, inventory ledger and purchases ledger.
Answer:
The correct answer is 1. defining the problem
.
Explanation:
Although every step in a market research project is important, defining the problem is the most important of all. For market research purposes, the terms problems and opportunities are handled interchangeably. The definition of the problem implies starting with the general terms of the problem, to then identify its specific components. Only when the market research problem was clearly defined, could the research be designed and carried out. Of all the tasks in a market research project, none is more vital than the detailed definition of the research problem, as this will allow us to fully meet the needs of the client.
