<span>When white settlers from Europe moved to North America, Native Americans lost their reign on their land. They were forced out of the regions where they thrived, with many dying from battles or from the diseases that the Europeans brought over. It is estimated that more Native Americans died from diseases than from the actual battles that took place to defend their lands. In the 21st century, Native Americans live on 2 percent of the land in North Americ</span>
Answer:
journal entries
Write-off
Debit Bad Debts expense $11,000 Credit Accounts receivable $11,000
Recovery
Debit Bank $1,800 Credit Bad Debt Recovered income $1,800
Allowance for Doubtful debt Adjustment
Debit Allowance for doubtful debt Adjustment $4,000 Credit Allowance for doubtful debt $4,000
Explanation:
Write-off
The write-off creates an expense (bad debt) and and decreases an asset ( Accounts receivable)
Recovery
Since the amount has been written off as bad, when it is recovered it is no longer recognized as a payment on accounts receivable but an income the entity thought was lost.
Allowance for doubtful debt adjustment
The differences in the opening balance and closing balance either creates an expense or an income adjustment. These estimates are on net Accounts receivables ( after bad debts) are a negative assets.
19000 - 15000 = 4000(increase) adjustment and is an expense.
Answer:
False
Explanation:
Management dilemma can be regarded as complicated issue that is been developed when more than a goal is set to be accomplished by manager at a time, and at that present time no right answer. It should be noted that management dilemma can aw well be regarded as either a problem or opportunity that needs a business decision.
<span>C.K. Prahalad was a teacher at the University of Michigan and very influential business thinker.</span><span>
According to C.K. Prahalad, the first stage of globalization is </span>when companies produce goods in one country and export them to other countries.
The second stage is when global businesses establish subsidiaries to handle the exports from their home country and at the third stage global firms set up operations in other countries.
