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Kaylis [27]
4 years ago
12

Charged off as bad debt canceled by credit grantor. True or False

Business
1 answer:
guajiro [1.7K]4 years ago
7 0

Answer:

"Charge off" means that the credit grantor wrote your account off of their receivables as a loss, and it is closed to future charges. When an account displays a status of "charge off," it means the account is closed to future use, although the debt is still owed.

<h2>TRUE!</h2>
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Final reports represent the end product of a thorough investigation and analysis. They provide an ordered format for presenting
arsen [322]

Answer:

A research proposal is an archive proposing a research project, for the most part in technical studies or the scholarly world, and for the most part establishes a solicitation for sponsorship of that exploration. Recommendations are assessed on the expense and potential effect of the proposed inquire about, and on the adequacy of the proposed arrangement for completing it. In this way, Final proposition is the commonly concurred terms of the proposition. The page range of definite proposition can be changed from 5 to 200 pages.

7 0
3 years ago
Using the following information:
Bond [772]

Answer:

$9,000

Explanation:

As for the information provided,

Current allowance for bad debts = $35,000

Expected year end allowance = $40,000

Bad Debt written off = $4,000 during the period.

While writing off entry shall be:

Allowance for bad debts A/c Dr.             $4,000

               To Accounts Receivables                     $4,000

This will simply reduce the balance of allowance by $4,000

Effective balance = $35,000 - $4,000 = $31,000

As the allowance account balance is credit in nature.

Now desired year end balance = $40,000

For this entry shall be:

Bad Debt Expense A/c Dr.                      $9,000

               To Allowance for Bad Debts                   $9,000

The amount is calculated as follows:

Desired amount of allowance - Balance in allowance.

$40,000 - $31,000 = $9,000

5 0
3 years ago
The reason many homeowners cannot sell their homes when house pricing is falling is because
lozanna [386]
It is because then people are already buying houses, and often homeowners do not get a lot of money in return.
6 0
3 years ago
Content analysis is:
Bas_tet [7]

Option 5

Content analysis is: the systematic procedure of taking individual responses and grouping them into larger theme categories or patterns.

<h3><u>Explanation:</u></h3>

Content analysis is the well-organized investigation of the content of a manuscript quantitatively or qualitatively.  Content analysis is a analysis procedure practiced to produce replicable and accurate conclusions by evaluating and coding textual element.

A simplistic model of content analysis is sentiment analysis – a routine handled to seize people’s view or approach to an thing, or aspect. Content analysis is valuable in organizational inquiry because it enables researchers to improve and measure the distinctions of organizational practices,societal biases.

8 0
3 years ago
A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves
BlackZzzverrR [31]

Answer:

$11.98

Explanation:

A share of common stock just made a dividend payment of $1.00

The expected long-run growth rate of for this stock is 5.4%

= 5.4/100

= 0.054

The investors required rate of return is 14.2%

= 14.2/100

= 0.142

The first step is to calculate the dividend year 1(D1)

D1= Do(1+g)

= 1(1+0.054)

= 1×1.054

= $1.054

Therefore, the stock price can be calculated as follows

Po= D1/(rs-g)

= 1.054/(0.142-0.054)

= 1.054/0.088

= $11.98

Hence the Stock price is $11.98

3 0
3 years ago
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