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Pepsi [2]
3 years ago
7

Finish Co. uses the allowance method to account for bad debts. At the end of 2010, Finish Co.'s unadjusted trial balance shows a

n accounts receivable balance of $30,000; allowance for doubtful accounts balance of $200 (credit); and sales of $600,000. Based on history, Finish estimates that bad debts will be 1% of sales. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
Business
1 answer:
Marianna [84]3 years ago
7 0

Answer:

$6000

Explanation:

Because you have to debit the Back Debts account. and 1% of 600,000 is 6000.

600,000 is the amount of sales.

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The price elasticity of supply is affected by
valentina_108 [34]

Answer:

B. the passage of time. 

Explanation:

Price elasticity of supply measures how sensitive quantity supplied are to changes in price.

Price elasticity of supply is determined by the passage of time.

Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.

The other factors listed above in the options affect the price elasticity of demand.

4 0
3 years ago
You are considering starting a sandwich shop, but are comparing that to the idea of staying at your current job instead. Which e
egoroff_w [7]

The principle of opportunity cost is taken into consideration when considering starting a sandwich shop, but are comparing that to the idea of staying at your current job.

<h3>What is opportunity cost?</h3>

It is the value or benefit loss when an alternative is selected. The value of the job or product to be dropped will be given up to choose something else.

Therefore, the principle of opportunity cost is taken into consideration when considering starting a sandwich shop, but are comparing that to the idea of staying at your current job because of the benefits that will be forgone in the current Job.

For more details on opportunity cost kindly check

brainly.com/question/1549591

6 0
2 years ago
What is the net profit A. 3200 B 26250 C. 5,750 D. 6,000​
Luda [366]

Answer:

26250

Explanation:

I subtracted the expenses from the revenue to get this.

I hope this is correct, and as always, I am joyous to assist anyone at any time.

4 0
3 years ago
In an analysis of 755,000 divorces in 11 different countries, divorce was associated with a reduction in
Whitepunk [10]

The answer to this question is life expectancy.

Life expectancy is defined as <u>the average amount of time an organism (in this case, a human being) is expected to live based on his or her demographic factors, such as age and gender.</u>

Thus, based on the conducted analysis in the question, it can be said that a divorced individual will not live as long as a married individual. However, <u>you need to remember that this is correlational research</u>, thus it cannot be said that divorce <em>causes </em>people to die earlier.

8 0
3 years ago
Computer game companies constantly monitor computer game-related blogs keeping track of the latest hot products, because they kn
Yuki888 [10]

Answer:

The correct answer is option a) keeping up in a market where sales come mostly from new products.

Explanation:

Since computer gaming is an ever evolving field where the gamer are always on the look out for new games to indulge in. Computer gaming companies keep a close eye on the changing trends so they can instantly replicate them and enter the trending high sales market.

This is a market  that earns through keeping up with a market where sales and earning profit is dependent on new products.

5 0
3 years ago
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