Answer:
Explanation:
The adjusting entry to record the credit losses is shown below:
Bad debt expense A/c Dr $45,000
To Allowance for doubtful debts $45,000
(Being bad debt is recorded)
The credit loss computation is shown below:
= Credit sales × estimated percentage
= $900,000 × 5%
= $45,000
For recording this transaction, we debited the expense account and credited the contra asset account.
Answer:
The correct answer is letter "A": Modified rebuy.
Explanation:
A modified rebuy is a purchase usually made within a supply chain where a supplier has bought some goods initially but for the next purchase, the supplier requests changes in the purchase -<em>whereas price, product specifications or terms</em>- to better match the supplier's demands.
Answer:
Subway hires inexperienced people just apply online and you should be called within a few days to start training immediately
Answer:
Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.
Explanation:
hope this will help you
One example is “engagement” consider to be “business activities”
