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Svetradugi [14.3K]
3 years ago
15

All sales are made on credit. Based on past experience, the company estimates that 0.5% of net credit sales are uncollectible. W

hat amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared?
Business
1 answer:
professor190 [17]3 years ago
4 0

Answer:

$4,400

Explanation:

The computation of the amount which is debited to a bad debt expense account is shown below:

=  Net Credit sales × estimated percentage given

= $880,000 × 0.5%

= $4,400

The journal entry is shown below;

Bad debt expense A/c Dr  $4,400

  To Allowance for doubtful debts  $4,400

(Being bad debt expense is recorded)

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Eric enjoys making pizza. When he makes pizza for his friends, sometimes Eric cares about how the pieces are distributed, and so
sammy [17]

Answer:

equity:

-He cuts the pie into eight equal slices.

-He cuts the pie into many slices so that everyone gets a piece.

Efficiency:

-He lets one person eat the whole pie.

-He makes sure that the whole pie is eaten.

Explanation:

Equity deals with distribution i.e to ensure things are equally distributed

While

Efficiency is trying to make sure things are completely used up i.e act of preventing waste

3 0
3 years ago
Select all that apply. Select all the items that describe the benefits that consumers may receive from more sellers in the marke
Orlov [11]
The following apply:
1. Better quality of goods and services.
2. Improved customers services.
3. More variety of goods and services.
There are some benefits that customers derived from competition. Parts of the benefits are listed above. Competition encourages businesses to improve the quality of their products and services and place reasonable prices on their products. 
3 0
3 years ago
Which of the following does not use any type of computer code in their work?
stira [4]
Computer user support
6 0
3 years ago
Read 2 more answers
Debbie, a popular wedding photographer, is able to photograph a wedding every Saturday of the year. She charges couples $4,000 f
rosijanka [135]

Answer:

c. $1,800

Explanation:

Economic cost calculates what is gained or lost when a particular activity is chosen over another activity.

It incorporates the opportunity cost of taking a particular activity into its calculation of cost.

The economic cost of Debbie taking the picture of her niece is :

$4000 - $2200 = $1800

I hope my answer helps you

6 0
3 years ago
Spokes Bikes has 18 different bicycle models that can be created in over 2 million combinations. Each combination is designed to
vampirchik [111]

Answer:

Correct option is (C)

Explanation:

Mass customization refers to manufacturing products suited for individual needs and preferences at the same time producing huge amount of products at low cost offering value to customers.

Customers are allowed to make modifications as per their requirements in the basic model offered by the organization. So customer is free to pick the color, design and model of their choice.

Spokes bikes is therefore using mass customization.

3 0
3 years ago
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