I did not think this will happen nearly in future. Only one thing can Destroy this world and it is Nature.
Answer:
False
Explanation:
EDLP is an abbreviation that stands for "every day low pricing". Under such a pricing strategy, the retailer opts to sell products on the day's lowest prices instead of formally fixing sales periods or announcing discounts.
It means setting fair prices and maintaining such prices over a long period of time. This is beneficial to the retailers in the sense that instead of focusing their marketing strategy on prices and discounts, they can effectively focus upon the product quality.
With respect to the customers, the benefit being, they do not have to keep track of products going on sales or wait for availability of discounts before making a purchase decision.
Walmart represents the best example of a company who has successfully employed this pricing strategy over a long period of time.
Any time patients state that they receive Medicaid, they must present a valid Medicaid identification card because eligibility, in many cases, will rely upon the patient’s Monthly income.
<h3>What is Medicaid?</h3>
Medicaid provides health coverage to many Americans, including eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.
To know more about Medicaid go to the given link:brainly.com/question/535720
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Answer: buy my school than demolish it
Explanation:
Answer: The adjustment for uncollectible amount will be: Debit Bad debt expense $1,958.35 Credit Allowance for bad debt $1,958.35.
Explanation: The answer above assumes that the balance in the account receivable is $5,300 not as past due. 35% of the account receivable balance is $1,855, resulting in an initial balance of $3,445, then further 3% of the balance will be $103.35. Therefore, the total bad debt expense will be $1,958.35. This will be debited to Bad debt expense and credited to Allowance for bad debt expense ledger. The credit to allowance for bad debt account is a balance sheet line and would further reduce the account receivable balance to $3,341.65.
