Answer:
December 31, 2020
- Dr Bad Debt expense 18,690
- Cr Allowance For Doubtful Accounts account 18,690
Explanation:
First we need to determine the total amount of uncollectible accounts receivable = $385,600 x 6% = $23,100
Then we must subtract the amount already recorded in allowance for doubtful accounts from our total uncollectible accounts = $23,100 - $4,410 = $18,690
We have to debit the difference and credit the contra asset account:
Dr Bad Debt expense 18,690
Cr Allowance For Doubtful Accounts account 18,690
<span>Rebecca is enacting the managerial role of mediator. By having both parties in the conflict meet to discuss the issue, Rebecca is hoping to resolve the conflict by having them talk things out in her presence while she unemotionally guides the discussion and make sure it stays on task.</span>
Answer:
Inventory is an Asset.
Explanation:
Inventory is an asset because when a company buys an asset, they are investing in it, because they will sell it and make revenue/profit from it.
Answer:
Correct answer is (B)
Explanation:
fear appeals
fear appeal in advertising is a message either verbal, sign or symbols that is designed to scare the target audience by describing a serious threat to them
Fha's role in the real estate mortgage market is best described as an insurance company.
Insurance companies check the risk and price premiums for various sorts of insurance coverage. If an insured event takes place and also you go through damages, the coverage organization can pay you as much as the agreed amount of the insurance policy. The manner insurance companies work, they are able to pay this and nonetheless make an income.
The time period coverage company way a corporation whose number one and predominant enterprise activity at some point of the taxable yr is the issuing of coverage or annuity contracts or the reinsuring of dangers underwritten by means of insurance companies.
Insurance coverage can be furnished for scientific fees, car harm, belongings loss/damage, etc. relying on the type of insurance. premium, policy restrictions, and deductibles are the principal components of coverage insurance coverage. The policy consumer must take a look at them thoroughly whilst buying an insurance policy.
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