Answer:
Doubtful
Explanation:
The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the DOUBTFUL account.
This is evident in the fact that the bad debt allowance method has three main principles which are:
1. Calculate uncollectible receivables
2. Debit bad debt expense and credit allowance for doubtful accounts in the journal entry
3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.
Answer:
Cash flow amount = $17.52 million.
Explanation:
Cash flow amount = $4.8m of land + $12 m of building + $720k of grading = $17.52 million.
Answer:
The answer is: $39,000
Explanation:
The gross domestic products includes all the production of final and legal goods or services. These final products can be sold or held in inventory.
In this case, the GDP should include the $20,000 car sold to Emily and the $19,000 that correspond to the car held on finished inventory.
Answer:
the total manufacturing cost is $39,150
Explanation:
The computation of the total manufacturing cost assigned as follows:
Overhead costs is
= 115% of $10,100
= $11,615
Now the total manufacturing cost is
= Direct materials cost + Direct labor costs + Overhead costs
= $17,435 + $10,100 + $11,615
= $39,150
Hence, the total manufacturing cost is $39,150
Answer:
Trade-off means that if we want to buy an economic good (anything that has monetary value) then we will demand an economic good (anything that has a monetary value). So this means if I want to buy chocolates then I will have to pay the shopkeeper money. Anything that you buy has a monetary value and we have to compensate seller for that. That's trade-off.
Suppose a situation that you have an opportunity to see bill gates in a show whose ticket has cost you $500 and if you have decided that you have to go somewhere else due to emergency then the loss will be $500 and meeting bill gates live. However his advice to young generation can be seen on social networks but what you lost is cost of seeing bill gates which you paid $500 and not attending the show to meet him.
My parents offered me chocolates to do homework because I was not interested in studies. My father used to read books in front of me to imitate me to read books and develop book reading habits.
