Answer:
Explanation:
Before passing the journal entry, we have to find out the bad debt expense amount which is shown below:
Bad debt expense = Account receivable balance × uncollectible percentage + debit uncollectible account balance
= $130,000 × 20% + $2,100
= $26,000 + $2,100
= $28,100
So, the journal entry would be
Bad debts expense A/c Dr $28,100
To Allowance for uncollectible accounts $28,100
(Being uncollectible accounts is adjusted)
Here are the list of all that qualities:
- Good communication skills >>>>. Most important
Invovles both listening and talking in order to connect all the clues that found during the investigation
- The ability to make a quick decision
- Integrity (so they will be immune to any form of bribery)
- Ability to control emotions
- Deep knowledge of the law
I had to look for the options and here is my answer:
Based on the given description above about Doris Lewis who owns Lewis Edibales, Inc., which is a company who makes BBQ sauce and wants to mix goodness that grows in North Carolina, what Lewis is doing is taking marketing actions in order to reach target markets.
Answer:
I would buy the 2000 Toyota Tundra. Yes it is the most expensive, but it is the newest so it should require less expense money for problems, it is a manual transmission 6 cylinder so it should get better gas mileage, and it has fewer miles. The rankings of these trucks are not provided, however a Toyota tundra is considered to be a workhorse in the truck. If this is an opinion question, that's my choice.
Explanation:
For the initial purchase, Geraldine already has the gain of
$40,000 - $20,000 = $20,000
Because he succcesfully bought the land below the market value.
After the sale, the total gain would be
$20,000 + ($45,000 - $20,000)
$20,000 + $ 25,000
= $45,000
