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vova2212 [387]
3 years ago
5

Why do you think it is important to choose the correct Business organization

Business
1 answer:
dexar [7]3 years ago
3 0

Not choosing the correct business organization to set up would become very costly for an individual hoping to start operations and this would result in business failure even before the business began operations.

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On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
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Answer:

correct option is $750

Explanation:

solution

we know here that Net balance of opening accounts receivable is

Net balance of opening accounts receivable = $30000 - $500

Net balance of opening accounts receivable = $29500

and

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and Cash payments received = 74550

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uncollecectible account expenses = credit sales × % of sale uncollectible

so uncollecectible account expenses = $75000 × 1%

uncollecectible account expenses  = $750

so correct option is $750

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A bank loan has been given to a customer at a bank with a FIXED nominal interest rate of 13%. The real
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