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riadik2000 [5.3K]
3 years ago
10

Hey Ya'll!

Business
1 answer:
liraira [26]3 years ago
8 0

liabilities--- liabilities means the amount which the enterprise owes either to the outsiders or the proprietors

Assets --- assets are the property or legal rights owned by an entity (enterprise, organisation, or individual) to which money value can be attached. anything which will be enables the entity to get cash or benefit in the future is an asset.

capital -- capital means the amount ( in terms of money or assets having money value ) which the proprietor have invested in the business and claim from it.

hope you like the answer ....

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At the beginning of the current period, Bramble Corp. had balances in Accounts Receivable of $196,800 and in Allowance for Doubt
olasank [31]

Answer and Explanation:

The journal entries are shown below:

a. Account receivable Dr $864,300

          To Sales revenue  $864,300

(Being the sales revenue is recorded)        

Cash Dr $687,610

        To Account receivable $687,610

(Being the collections is recorded)

2. Allowance for doubtful debts $6,804

        To Account receivable $6,804

(Being the written off amount is recorded)

3.  Account receivable Dr $3,219

        To Allowance for doubtful debts $3,219

(Being the previous written off amount is recorded)

Cash Dr $3,219

     To Account receivable $3,219

(Being the recovery is recorded)

4. Bad debt expense $18,075

        To Allowance for doubtful debts $18,075

(Being the bad debt expense is recorded)

The computation is shown below:

= $24,000 - $9,510 + $6,804 - $3,219

= $18,075

Only these entries are recorded

3 0
3 years ago
_____ asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facil
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Answer:

Theodore Levitt

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Answer:

The correct answer is option (a).

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Here, both accounts are or balance sheet items.

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In February, Pedro, the manager of a pool supply and cleaning company, is looking at the upcoming need for more workers to handl
Mademuasel [1]

Planning is the management process that Pedro is using.

Answer: Option A.

<u>Explanation:</u>

Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.

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