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kow [346]
3 years ago
7

Tangible resources include:

Business
1 answer:
erma4kov [3.2K]3 years ago
8 0

Answer:

D.technological assets such as patents, copyrights, and innovation technologies.

Explanation:

Tangible resources are regarded as a physical asset with a set of value that are been owned by organization, companies. Tangible resources could be equipment, machinery, buildings, cash and so on.

It should be noted that Tangible resources can be in form of technological assets such as patents, copyrights, and innovation technologies.

They are important in finance because their utilization could be for very long time in the business.

:

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Answer:

Follows are the solution to this question:

Explanation:

In point A:

The estimated amount of uncollectible allowance =\$ \  635,000 \times 4 \% = \$ \ 2,540,000

In point B                                    Journal

Titles and descriptions of accounts         Debit          Credit         Calculation    

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(Bad Debts Expense recorded)  

In point C                                         Journal

Titles and descriptions of accounts         Debit          Credit         Calculation    

Expenditure on bad debts               \$ \ 2,553, 300

Doubted debt allowance                        \$ \ 2,553, 300     \ \ \ \ (\$ \ 2,540,000 + \$ \ 13,300)    

(Bad Debts Expense recorded)  

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3 years ago
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Answer:

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