Answer: The correct answer is b. debit to Bad Debts Expense for $1,800.
Explanation: The company adopts the aging bad debt method on receivable. The aging method is a way of classifying receivables as uncollectible based on the length of time the receivables have been outstanding and the probability of recoverability of such receivables.
To make a provision for bad debt expense: debit is passed to bad debt expense while credit is passed to allowance for doubtful accounts. The bad debt expense reports to the income statement while allowance for doubtful accounts reports to the balance sheet (statement of financial position). Based on the question, the allowance for doubtful accounts has a credit balance of $1,200; however, $3,000 was estimated to be uncollectible. In order to restate the amount to $3,000, we need to debit bad debt expense and credit allowance for doubtful accounts with $1,800 ($3,000 - $1,200).
A. Because principal is the director of a school, so that wouldn't make much sense would it?
An Employee Assistance is a program that provides counseling and other help to employees having emotional, physical, or other personal problems.
<h3>
What are the main aims of employee assistance Programmes?</h3>
The primary goals of employee assistance programs In order to
a) change the company culture;
b) address team and individual performance; and
c) promote workplace well-being.
d) To draw employees' attention to the organizational power structures.
Employee assistance programs, or EAPs, offer short-term, confidential counseling for workers who are experiencing personal issues that are affecting their ability to do their jobs. Industrial alcoholism programs from the 1940s were the precursor to EAPs.
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Answer:
i dont remember the exact name because its been a while since i went to starbucks but i always get the mocha cookie crumble
Explanation:
The one response that will help in completing the given statement is: “is never taxable.” Hence, Option B is correct.
<h3>What is tax?</h3>
A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services.
The government uses taxes to fund a variety of welfare programmes, including job initiatives. The government must pay the administrative costs for the thousands of staff in the numerous departments.
It is never taxed to withdraw cash from a qualified retirement account where the taxpayer only made pre-tax contributions.
Therefore, Option B is correct.
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