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Mice21 [21]
4 years ago
14

The Wayside Hotel uses the direct write-off method of accounting for bad debts. If the general manager of the hotel determines t

hat a $700 debt is uncollectible and the current balance of Provision for Doubtful Accounts is $100, the journal entry to recognize this bad debt would involve
Business
1 answer:
julia-pushkina [17]4 years ago
6 0

Answer:

Crediting Account Receivable $700

Explanation:

Crediting Account Receivable with $700

Because the $700 is UNCOLLECTIBLE which means they are debts which will not to be paid due to the inability to find the debtor or the debtors is bankrupt leading to decreased or reduction in the company ACCOUNT RECEIVABLES

Therefore Account Receivable can be said to mean the amount of cash or money that a company is expected to receive for services rendered or for providing goods and services to their customers on credit.

Example in a case where a cash payment is received from the debtor cash will definitely increased and the accounts receivable will eventually decreased or reduced.

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A major goal of use of an electronic health record is the sharing of important clinical information about a patient. The use of
Ainat [17]
A major goal of use of an electronic health record is the sharing of important clinical information about a patient. The use of Continuity of Care Documents (CCD) is directly related to this goal.


>Electronic health record<span> (</span>EHR<span>), or </span>electronic<span> medical </span>record<span> (EMR), are the systematized collection of </span>patient<span> and population </span>electronically<span>-stored </span>health information<span> in a digital format.</span>

4 0
3 years ago
An ineffective market is one in which prices do not reflect all available information, so forward exchange rates will not be the
jok3333 [9.3K]

Answer:

The statement is: False.

Explanation:

Many economists believe the foreign exchange market is efficient enough to set forward rates -rates applicable in the future, thus, it is non-sense to spend money on trying to forecast exchange rate changes in the short run. This is because different studies have shown that most forward rates predictions have been more accurate than publicly available information.

Efficiency is understood as the characteristic of a market to display all available public information in the assets price, according to the Efficient Market Hypothesis (EMH).

3 0
3 years ago
1. Consider the following information for a project to add a drive-thru window at Crestview
creativ13 [48]

Based on the activity times, and the order of activities, the critical path is B ⇒ E ⇒ G ⇒ H.

The slack for Activity A is 8 weeks and the slack for Activity D is 8 weeks as well.

<h3>What is the critical path?</h3>

First find all the possible paths:

  • A ⇒ D ⇒ F ⇒ H - 21 weeks
  • B ⇒ D ⇒ F ⇒ H: 18 weeks
  • B ⇒ E ⇒ G ⇒ H: 29 weeks
  • C ⇒ G ⇒ H: 26 weeks
  • C ⇒ F ⇒ H: 20 weeks

The critical path takes the longest time so will be B ⇒ E ⇒ G ⇒ H: 29 weeks.

<h3>What is the slack for Activity A?</h3>

This can be found as:

= Latest finish for A - Earliest finish for A

Looking at the network, the earliest finish for A is 5 and the latest finish is 13.

Slack is:

= 13 - 5

= 8 weeks.

<h3>What is the slack for activity D?</h3>

Earliest finish for D is 7 and lastest finish is 15.

Slack is:

= 15 - 7

= 8 weeks.

Find out more on the critical path at brainly.com/question/8147877.

3 0
2 years ago
You are in charge of a fast-food restaurant. The employees are all teenagers who have not yet graduated from high school, and th
kati45 [8]

Answer:

I don't understand. What is the question?

Explanation:

6 0
3 years ago
As an IT consultant, you should learn as much as you can about the client’s business, including the impact of the Internet on th
erik [133]

Answer:

The business issues have been researched and given thus:

Explanation:

While planing to expand their capacity to an additional 6 locations, Budget Travel should consider the following:

​Do they have staff at the new locations? Can they hire or transfer well trained and experienced staff to handle these new locations?

what time zones are they considering? Is there likely to be a problem managing operations in these zones?

What expenses will they have to incur at the new locations in terms of office space and set up

Can the client management software be used at an additional 6 locations? Will they need to ask the IT company for further customization? If yes, what will it cost?

Lastly a cost benefit analysis should be carried out to see if it is worthwhile

The company may need to move their high performers to these locations to help overcome the initial teething problems. This could cause these individuals to get stressed out with excess travel, living away from home and working long hours. The benefits offered to these employees should be high. at the time, care should be taken to ensure the staff are well rested and motivated. Expectations are naturally going to be high, but performance evaluation should be carried out in a friendly and supportive manner using the two-way feedback mechanism, where the employee can give his explanation for performance issues and challenges.

It is required that the company establish a system baseline before integration of the six sites. this will give all executives and managers greater clarity and ability to perform. A dysfunctional system is the cause of failure in any MNC and it can cause a complete breakdown in operations at a well respected company like Budget Travel

4 0
4 years ago
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