Answer:
The ending balance of Allowance for Bad Debts account is $800
Explanation:
The computation of the ending balance of allowance for bad debt is shown below:
= Credit sales × uncollectible rate
= $40,000 × 2%
= $800
The estimated amount would be considered as an allowance for bad debts i.e $800, So no other amount would be come while computing the ending balance of Allowance for Bad Debts account.
However, the other information which is given in the question is not relevant. Hence, ignored it
Answer:
The correct answer is: an expansionary gap; decrease the money supply.
Explanation:
An expansionary gap is when genuine output surpasses potential output. At the end of the day, the economy is incidentally working over its long-run potential as estimated by real GDP.
Answer:
types of e commerce buissness are
.
1) buissness to buissness (B2B)
2) buissness to consumer (B2C)
3) consumer to consumer (C2C)
4) consumer to buissness (B2C)
5) buissness to administration (B2A)
6) consumer to administration (C2A)
Explanation:
hope it helps❤️
Answer:
they use financial statements and other information prepared by accountants to make financial decision and are focused on the cash flows, the inflows and outflows of cash.
Explanation: