Answer:
b. $34,000
Explanation:
Accounts Receivable
Opening 60,000 Cash 710,000
Sales 700,000 Write off 8,000
End bal. 42,000
Allowance for Uncollectible account
Wrote off 8,000 Opening 9,000
Bad debts 7,000
End bal. 8,000
Net realizable account = Accounts receivable - Allowance for bad debt
Net realizable account = $42,000 - $8,000
Net realizable account = $34,000
It’s mainly talking about money and workers and how businesses increase the focus on the task soo i think the answer is “The economy”
Answer:
S/N Journal Entries Debit Credit
1 Accumulated depreciation-Building $210,000
Cash $210,000
2 Building $790,000
Cash $790,000
3 Maintenance expense $16,500
Cash $16,500
4 Equipment $44,000
Cash $44,000
"it" stands for product or service you are selling.
An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies 15 days later. The company pays the death benefit to the estate of the insured. This indicates that the life insurance policy had they were in the room alone
This is further explained below.
<h3>What is an insurance policy?</h3>
Both the insured person and his wife are engaged in an accident that occurs head-on. The husband passes away in an instant, and the wife follows him in passing 15 days later. The death benefit is paid out by the firm to the estate of the covered person. This suggests that the life insurance coverage would not have paid out if they were alone in the room.
In conclusion, A legal relationship exists between an insurance firm, often known as the insurer, and the person(s), business, or entity that is being covered under the terms of an insurance policy (the insured). Reading your policy gives you the ability to check that it satisfies your requirements and ensures that you comprehend both your duties and those of the insurance business in the event of a loss.
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