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Damm [24]
3 years ago
12

Using the allowance method, the uncollectible accounts for the year is estimated to be $28,000. If the balance for the Allowance

for Doubtful Accounts is a $7,000 debit before adjustment, what is the amount of bad debt expense for the period?a. $7,000b. $21,000c. $28,000d. $35,000
Business
1 answer:
olga nikolaevna [1]3 years ago
4 0

Answer:

d. $35,000

Explanation:

The computation of the bad debt expense for the period is shown below:

= Estimated uncollectible amount + balance of allowance for doubtful debts

= $28,000 + $7,000

= $35,000

To find out the bad debt expense we added the estimated uncollected amount and the balance of allowance for doubtful debts as it has a debit balance. And, for true amount, we added both items which are shown above.

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The underlying principle for using more emotional appeals in business-to-business advertising is that emotions can be a part of
Roman55 [17]

Answer:

The statement is: True.

Explanation:

In any type of industry, including <em>emotional appeals</em> to advertising will generate an impact on the audience because even if dealing directly with businesses, the decisions of purchasing certain goods or acquiring services will be driven by people. Then, a business should identify the emotional factors that could attract a firm based on the entity's corporate culture to engage them in the purchase.  

The marketing department has the task and duty of spotting those details that could ignite another institution's emotions over its production.

3 0
3 years ago
Big Joe's owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that original
Tom [10]

Answer:

$610,000

Explanation:

Based on the information given if he were to consider using the land and as well as the facility in a new project the COST that he should include in the PROJECT ANALYSIS will be the amount of $610,000 reason been that we were told received an offer of the amount of $610,000 for the land and as well as the facility last week.

Therefore using this land and facility in a new project, the cost that he should include in the project analysis will be $610,000

4 0
3 years ago
Jim makes a $1,000 deposit in an account paying 4% interest per year. He would like to withdraw two equal amounts: in one year a
FromTheMoon [43]

Based on the amount that Jim deposited and the interest paid per year on the account, withdrawing in two equal amounts would require an amount of <u>$530 per year. </u>

<h3>How much should Jim withdraw per year?</h3><h3 />

Assuming the amount that can be withdrawn is x, the relevant formula would be:

(1,040 - x)  x 104 = 100x

Solving for x gives:

108,160 - 104x = 100x

108,160 = 100x + 104x

108,160 = 204x

x = 108,160 / 204

=  $530

Find out more on future value at brainly.com/question/16180669.

6 0
2 years ago
When datacomp corp., a producer of software, delayed the introduction of its new spreadsheet app to modify the package, its sche
yKpoI14uk [10]

In this case, a change in the<u> "product" </u>variable caused changes in the <u>"promotion"</u> variable of the marketing mix.


Marketing mix is tied in with putting the correct item or a mix thereof in the place, at the perfect time, and at the correct cost. The troublesome part is doing this well, as you have to know each part of your marketable strategy.  

An product is a thing that is constructed or created to fulfill the necessities of a specific gathering of individuals. The product can be immaterial or unmistakable as it very well may be as administrations or merchandise.  

Promotion is an imperative part of marketing as it can help mark acknowledgment and deals.

3 0
4 years ago
Abraham has just purchased his first car. His bank, First State Bank, loaned him the money to buy the car and has required him t
dsp73

Answer:

Option D) Collision,uninsured motorist,comprehensive,and liability coverage.

Explanation:

A Collateral is Simply an item of value used to secure the principal portion of a loan. It is usually required when requesting for loan. It is anything of value that could be used to cover the value of the loan.

Cars has different types of insurance coverage. Some of which are:

1.Liability (required by law)

2.Collision (may be required by lender)

3.Uninsured/Underinsured (optional but recomended)

4.Comprehensive(may be required by lender)

7 0
3 years ago
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