If a customer happens to pass the account must be shut down. Nothing can be done until found appropriate by someone showing proper documents which would then transfer the account into the name of an executor. The documents can be a death certificate, the will, or inheritance tax waivers
Answer:
Option (b) is correct.
Explanation:
Given that,
Estimated total fixed manufacturing overhead = $121,000
Estimated direct labor-hours for the period = 10,000
Actual total fixed manufacturing overhead = $113,000
Actual total direct labor-hours during the period = 10,900
Predetermined overhead rate:
= Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours
= $121,000 ÷ 10,000
= $12.10
Therefore, the predetermined overhead rate is closest to $12.10.
Answer:
Cloud Security Alliance
Explanation:
Cloud Security Alliance can be regarded as an organization that
is a not-for-profit one having a mission in raising best practices that provid security assurance in cloud computing as well as provision of education on how cloud computing can be used in
securing forms of computing. It should be noted that Cloud Security Alliance
is an organization that has developed resource documentation for CSPs and their staff. It provides guidance for privacy agreements, security measures, questionnaires, and more.
Answer:
Option D Allowance for noncollectable Accounts.
Explanation:
The bad debt recovery recording is a two step process.
Step 1 Reverse the entry of bad debt with the amount received
Dr Trade Receivable $40,000
Cr Bad debts $40,000
Step 2 Now record the receipt of amount as a reduction in trade receivable and increase in cash asset.
Dr Cash $40,000
Cr Trade Receivables $40,000
The only account unconsidered here was Allowance for the noncollectable account.