1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most m
Alisiya [41]

Answer:

c. depends on a number of factors, and can vary from one manager, location and type of employees.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.

In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).

Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.

<em>This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.</em>

3 0
3 years ago
Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and
Kipish [7]

Correct question:

Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and control.

Group of answer choices

A. less efficient than

B. as efficient as

C. either more or less depending on the elasticity of demand

D. more efficient than

Answer:

Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

<h3>Correcting a market with taxation:</h3>
  • The government can discourage the consumption of harmful products by raising taxes on them.
  • Cigarette and alcohol taxes, for example, are raised on a regular basis to discourage their consumption and limit their adverse impacts on unconnected third parties.
<h3>Command and control strategies:</h3>
  • Command and control is a sort of environmental regulation that allows policymakers to expressly regulate both the amount and the procedure by which a company should maintain environmental quality.
  • Correcting marketing is more effective than correcting manufacturing through taxation.
<h3>Reason -</h3>

As it is stated above Correcting marketing is more effective than correcting manufacturing through taxation.

Therefore, Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

Know more about market correction here:

brainly.com/question/2626419

#SPJ4

7 0
2 years ago
Delta Company purchased a delivery truck for a total cost of $15,000. Delta paid $2,000 in cash and signed a note payable for th
kupik [55]

Answer:

increase assets by $13,000, increase liabilities by $13,000 and have no effect on equity.

Explanation:

Given that

The total cost of purchase of delivery truck = $15,000

Cash paid = $2,000

The accounting equation equals to

Total assets = Total liabilities + owners equity

The remaining amount left would be equal to

= $15,000 - $2,000

= $13,000

So it would increase the assets for $13,000 as the delivery truck is purchased plus there is also an increase in liabilities for $13,000 as it signed a note payable and there is no effect on equity

8 0
3 years ago
The outdoor clothing company Patagonia, Inc. pledges one percent of the company's annual revenue to environmental causes around
Rufina [12.5K]
Obligation is a condition of being linked in a relationship. We are all obligated to maintain the earth so it will sustain us because we all live on it
3 0
3 years ago
In the nervous system neurotransmitters such as acetylcholine are released at synapses between nerve cells. When the neurotransm
loris [4]

Answer:

Neuronal Signal Propagation

Explanation:

Signal propagation is the movement of signals between neurons. The process of sending these signals takes place in two steps: along the cell ( action potential) and between cells (neurotransmitters).

5 0
4 years ago
Other questions:
  • Paula is about to open a new hardware store. She is making decisions regarding lighting, colors, and layout of merchandise. Paul
    9·1 answer
  • Select the correct statement about HR responsibilities of supervisors.A. Supervisors do not interview job candidates.B. In large
    14·1 answer
  • You have been given this probability distribution for the holding period return for KMP Stock State of the Economy Boom Normal R
    13·1 answer
  • ABC Corporation uses the weighted-average method in its process costing system.
    8·1 answer
  • Which one of the following is an example of an incremental cash flow for Project A?
    9·1 answer
  • If the nominal annual interest rate is 12% compounded quarterly, what is the effective annual interest rate?
    10·1 answer
  • mackenzie burrows $300 000 from the bank on a 30 year mortgage. she is given an interest rate of 5.125% apr. how much in total i
    12·1 answer
  • The financial markets are a relatively new technological development created in the last 50 years.
    14·1 answer
  • Trek Company has the following production data for April: units transferred out 41,400, and ending work in process 5,620 units t
    7·1 answer
  • In market-basket terminology, ________ describes the probability that two items will be purchased together.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!