Explanation:
The journal entries are shown below:
a. Bad debt expense A/c Dr $13,931
To Allowance for doubtful debts $13,931
(Being bad debt expense is recorded)
It is computed below:
= $421,300 × 4% - $2,921
= $13,931
b. a. Bad debt expense A/c Dr $17,722
To Allowance for doubtful debts $17,722
(Being bad debt expense is recorded)
It is computed below:
= $421,300 × 4% + $870
= $17,722
The term that is referred by the description above is RESERVES. The reserve is the amount that is being kept for future periods. This amount is separated to the current period's income, but is part of the next period if this is applicable. The answer is D.
Answer:
cafeteria-style benefits plan
Explanation:
Based on the information provided within the question it seems that Drew was taken aback by the cafeteria-style benefits plan. This is a benefits plan offered by many company's that allows the employee to choose from a variety of different benefit offerings to create their own personalized benefits package that best supports their needs. Such options may include health, dental, eye, and life insurance choices as is the case in this scenario.
Answer:
B. It can help create jobs in the economy by increasing demand for goods and services
Explanation:
If the internet makes it easier for sellers to find buyers and makes it easier for buyers to learn about the products that are available for sale, we would expect that the benefits of trade will rise.
<h3>How internet has helped buyers?</h3>
- Everything is more convenient for the buyer when they have access to the internet.
- They have the freedom to read and think at their own pace.
- Customers are discovering a variety of methods to interact with brands and explore their goods and services because to the internet's nearly universal accessibility on a wide range of devices.
- Prospects are now better informed, so sales representatives who can move rapidly can turn leads over more quickly.
- Organizing sales teams has become simpler thanks to technology.
- CRM systems simplify the sales process and enable information sharing among teams, building a stronger team and ultimately increasing sales.
Learn more about CRM systems here:
brainly.com/question/13100608
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