Answer:
you could easily look that up
Explanation:
Answer:
Debit Bad debts expense $23,000
Credit Allowance for Doubtful Accounts $23,000
Explanation:
At December 31, 2017,
Bad debts is estimated:
8% x $325,000 = $26,000
Before adjusting, Allowance for Doubtful Accounts $3,000 credit. The company use aging method to estimate bad debts expense and Allowance for Doubtful Accounts. Bad debts expense amount will be record:
$26,000 - $3,000 = $23,000
The Journal entry:
Debit Bad debts expense $23,000
Credit Allowance for Doubtful Accounts $23,000
Answer:
C. More leisure time
Explanation:
An entrepreneurships can represent an opportunity for success, since all large corporations started that way. They can also generate a lot of profit and make their owners very rich people. It is great to be your own boss but it is also very challenging and motivating.
But the only thing that an entrepreneurship is not, is an job that allows you to have a lot of free time. Entrepreneurships are extremely time consuming and require lots of work and passion.