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Oliga [24]
3 years ago
11

Using the aging method, Carlton Company calculates the estimated ending balance in the Allowance for Uncollectible Accounts to b

e $12,000. Prior to adjusting entries, the Allowance for Uncollectible Accounts has a credit balance of $3,000. The year-end adjustment would include a:
Business
1 answer:
guajiro [1.7K]3 years ago
6 0

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $9,000

                 To Allowance for doubtful debts $9,000

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= (Ending balance in the Allowance for Uncollectible Accounts) - (credit balance of Allowance for Doubtful Accounts)

= ($12,000) -  ($3,000)

= $9,000

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You have set a par value of 25 chicken cutlets. Your inventory says you have 10 on hand from last night. How many should you ord
alina1380 [7]
15? since you have 10 left on hand after last night's inventory check you should get 15 if you don't know the rate at which each are sold.
3 0
3 years ago
What impact did the rise of the middle class in the late nineteenth century have on the demand for consumer goods?
RoseWind [281]

Answer:

The middle class created a high and sustained demand  for consumer goods

Explanation:

Before the advent of the industrial revolution, the social stratification of society is such that either you are in the lower class of the poor or you are  part of the rich in the upper class. The industrial revolution of late 18th and early 19th centuries saw the springing up from the lower class a new set of wealthy and educated individuals which were later termed the middle class

This reach men and women are able to buy goods needed to satisfy their newly found social status which boost demand for new and quality goods produced as a result of industrial revolution.

7 0
3 years ago
According to Victor Vroom, which of the following is not considered a factor that influences motivation?
Gre4nikov [31]

Answer:

A, independence

Explanation:

Motivation can be defined as the stimulation of individuals to achieve a certain goal.

It can also be said to be the a force that drives the wants, needs, etc of an individual. Motivation have various influencing factors as well as several modes.

Factors that influences motivation include; valence, instrumentality, expectancy, etc.

Modes of motivation include; intrinsic, extrinsic, introjected and identified motivation.

From the above question, independence isn't a factor that influences motivation. This is because independence, according to the dictionary, can be said to be a state of freedom from something.

Freedom does not motivate a person to achieve anything as there will be no pressure or driving force or even an individual to encourage. This makes goals impossible to difficult to achieve.

Cheers.

7 0
3 years ago
Paula Boothe, president of the Armange Corporation, has mandated a minimum 10% return on investment for any project undertaken b
Vlad1618 [11]

Answer:

Residual income= $36,000

Explanation:

Residual income is the income that is generated in excess of the minimum required rate of return, which in this case is 10%. Any income above 10% return is considered as residual income. In this case the investment is 1,800,000 and 10% of that is 180,000 (0.1*1,800,000). So any income made above $180,000 will be residual income. In order to find the residual income we subtract the minimum income required from the actual income.

In this case the minimum income required is 180,000 and the actual operating income is 216,000 so residual income=

216,000-180,000= $36,000

4 0
3 years ago
Nick has just learned from the CEO that he needs to lay off fifteen workers. He cares a great deal about his employees and wants
Lina20 [59]

Answer:

FACE TO FACE

Explanation:

If Nick cares a great deal about his employees and wants to convey this information in the best way possible, then the medium Nick should use to tell his employees that they're fired is the 'Face to Face' method which means announcing to them in Person.

The following reasons are why:

1. Shock Reduction. If a worker is being fired, that worker will receive such a news with negative shock which will be more severe if done in writing.

2. Clarity and Conciseness: Firing someone always comes with some level of confusion which can be adequately managed if done on a personal familiar level.

3. Emotional Management: Face to face information helps the manager to manage the emotions of sad feelings and give the employees a soft landing.

8 0
3 years ago
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