Answer:
Bad Debt A/c Dr $9,000
To Credit Allowance for Bad & Doubtful A/c $9,000
Explanation:
According to the scenario, the journal entry are given below:
Journal Entry:
Bad Debt A/c Dr $9,000
To Credit Allowance for Bad & Doubtful A/c $9,000
(Being the Bad debt A/c is recorded)
The computation for bad debts are given below:
Bad debts = Uncollectible Amount - Credit balance in Allowance for doubtful A/c
Where,
Uncollectible Amount = $12,000
Credit balance in Allowance for doubtful A/c = $3,000
By putting the value we get,
= $12,000 - $3,000
= $9,000
Answer:
9,315
Explanation:
The 83(b) election of the IRC which allows the employe of restricted stock to pay taxes on the fair market value at the time were granted.
It applies when the stocks are subject to vesting
The 83(b) election becomes useful when the employee has confidence that market value will increase and thus, saving taxes in the future.
If the market price decrease over the years or the company files for bankrupcy, the taxpersons will have pay income taxes for a worthless amount.
Also, if he leaves the company before esting the shares, it would had pay taxes for shares it won't receive.
So, resuming: under election 83(b) we use granted time value
1,035 x 9 = 9,315
Answer:
Option D
Explanation:
The Utilitarian Strategy analyses an intervention in consideration of its effects or results; that is, the net advantages and expenses to all different participants.
It aims to accomplish the maximum good for the greatest amount while producing the least amount of suffering or preventing the most suffering.
In a business setting, this method may focus on a statistical methods of likely results, a traditional cost / benefit calculation, or evaluation of the potential usefulness of a result for different group participants.
<span>Opponents of rent control believe that it causes housing shortages. The correct option among all the options that are given in the question is the fourth option or the last option. The other choices can be easily neglected. I hope that this is the answer that you were looking for and the answer has come to your help.</span>
Answer:
b) ERP
Explanation:
Enterprise Resource Planning is a business management software that allows an organization to use a system of integrated applications to manage the business and automate many office functions related to technology. A typical example of an ERP is SAP ERP.
