Answer:
The write-off to be approved by two employees
Explanation:
Allowance Method
This method is capitalizes on matching principle. The key work is to record bad debts expense in the same period as the sales revenue.
Direct Write-off Method
This is simply known as when an accounts receivable are written off and bad debts expense is recorded when the company determines that it will not be able to collect from a specific customer.
Method used
Record bad debts expense and reduce accounts receivable
Debit: Bad Debts Expense
Credit: Accounts Receivable
Recovery method
Step 1: Reverse earlier write off
Debit: Accounts Receivable
Credit: Bad Debts Expense
Allowance For Bad Debts Account
It is usually in a contra asset account, in relation to accounts receivable, that holds the estimated amount of uncollectible accounts. The account is said to limits the asset receivable in anticipation of uncollectible debts.
In the first account he would have 30,000 and the other account would have <span>13,333.33 for each rate</span>
I believe the answer is: collective bargaining
Collective bargaining refers to the negotiation process arranged by a group of employees in order to negotiate a certain term so the employment relationship could move forward. In this process, the group of employees would appoint someone on their behalf to negotiate with the employers regarding their well being in the work place.
B. They'll know exactly what you want.
HOPE IT HELPS UH!!☺️☺️
Answer:
i dont k but I needed points
Explanation:
sorry