Answer:
MS WORD IS A MULTI PURPOSE WORD PROCESSOR WHICH HELPS IN CREATING
- BROCHURES
- LETTERS
- GREETING CARDS etc.
<h2>
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Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The following two errors were made in the physical inventory counts: 1. 2018 ending inventory was understated by $8,000. 2. 2019 ending inventory was overstated by $4,000.
We were not provided with the relevant information to recalculate the cost of goods sold, but, I can provide the formula to solve the problem.
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
1- COGS= beginning finished inventory + cost of goods manufactured - (ending finished inventory + 8,000)
2- COGS= beginning finished inventory + cost of goods manufactured - (ending finished inventory - 4,000)
Answer:
Crowdsourcing
Explanation:
Crowdsourcing can be defined as a practice that involves utilizing a group of individuals for the sole purpose of obtaining new ideas.
Crowdsourcing can provide businessess with entry to new and fresh ideas and solutions, in-depth consumer experience, enhancement of different tasks, and a great reduction in the level of costs.
Individuals that take part in crowdsourcing work as paid freelancers.
Crowdsourcing enables various organizations to carry out tasks at a faster rate by splitting up the task. Crowdsourcing provides a more efficient way to perform tasks.
Answer:
Bad debt expense = $28000
Ending balance = $4000
Explanation:
given data
Credit sales= $800000
Cash collection = $780,000
Write off = $16,000
rate = 3.5 %
to find out
ending balance of Accounts Receivable is
solution
first we get Bad debt expense that is express as
Bad debt expense = 800000 × 3.5%
Bad debt expense = $28000
and
Ending balance is express as
Ending balance = Credit sales - Cash collection - Write off ..............1
put here value
Ending balance = $800000 - $780,000 - $16,000
Ending balance = $4000
