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3 years ago

Why it’s difficult to find job?

Business

1 answer:

ozzi3 years ago

6 0

Answer:

Depends on where you go

Explanation:

First you gotta make sure the places you apply for are hiring or not. Then you just gotta have expeirerence if You don’t then you gotta work at fast food or something that doesn’t require higher pay then minimum wage.

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Write any four advantages of living in a community<br><br>

Lina20 [59]

When you live in a community there is a sense of belonging since people know each other

When you live in a community there is usually security or neighborhood watch to keep you safe

When you live in a community there is cooperative because of there isn’t it won’t be a very happy community

There is a lot of places to be social in a community

When you live in a community there is a cleaner environment due to the city cleaning it

8 0

3 years ago

During the year ended December 31, 2018, Kelly’s Camera Shop had sales revenue of $180,000, of which $90,000 was on credit. At t

storchak [24]

Answer:

(a) On December 10, a customer balance of $1,400 from a prior year was determined to be uncollectible

Dr Sales Returns and Allowances $ 1,400

Cr Accounts Receivable $ 1,400

(b) On December 31, a decision was made to continue the accounting policy of basing estimated bad debt losses on 2 percent of credit sales for the year.

Dr Bad Debt Expense $ 752

Cr Allowance for Uncollectible Accounts $ 752

Explanation:

Initial Balance

Dr Accounts Receivable $ 12,000

Cr Allowance for Uncollectible Accounts $ 500

Kelly’s Camera Shop had sales revenue, of which $60,000 was on credit

Dr Accounts Receivable $ 60,000

Cr Sales $ 60,000

Collections of accounts receivable during 2018 amounted to $58,000.

Dr Cash $ 58,000

Cr Accounts Receivable $ 58,000

(a) On December 10, a customer balance of $1,400 from a prior year was

determined to be uncollectible, so it was written off.

Dr Allowance for Uncollectible Accounts $ 1,400

Cr Accounts Receivable $ 1,400

(b) On December 31, a decision was made to continue the accounting policy of basing estimated bad debt losses on 2 percent of credit sales for the year.

Dr Bad Debt Expense $ 752

Cr Allowance for Uncollectible Accounts $ 752

6 0

2 years ago

Determine the adjusted basis of each of the following assets:

Andru [333]

Answer and Explanation:

The computation is shown below:

75% 25% 100%

Particulars Business Use Personal Use Total

Initial Basis $22,500 $7,500 $30,000

Less: Depreciation -$4,209 0 -$4,209

Adjusted Basis $18,291 $7,500 $25,791

Particulars Building Land Land Improvements

Original Cost $250,000 $80,000

Remodeling cost $8,000

Parking lot and sidewalks $12,000

Depreciation -$70,620 -$1,000

Adjusted basis $187,380 $80,000 $110,000

We simply classify the cost to each type of asset which is shown above

8 0

2 years ago

Tony and Suzie are ready to expand Great Adventures even further in 2022. Tony believes that many groups in the community (for e

eduard

Answer:

Great Adventures

a) Adjusting Entry for Uncollectible Accounts:

Date General Journal Debit Credit

Jun. 30 Uncollectible Expense $2,320

Allowance for Uncollectibles $2,320

To provide 8% allowance for uncollectibles.

b) To accrue one month of interest on the note receivable:

Date General Journal Debit Credit

Jun. 30 Interest Receivable $40.83

Interest on Notes $40.83

To accrue one month of interest.

c) GREAT ADVENTURES, INC.

Partial Balance Sheet as at June 30, 2022

Assets

Current Assets:

Accounts Receivable $29,000

less allowance for uncollectibles 2,320

Net Accounts Receivable $26,680

Explanation:

a) Accounts Receivable

Date Description Debit Credit Balance

Feb. 25 Kr. Kendall's Boys Scout $4,000 $4,000

Feb. 28 Cash $3,840 160

Feb. 28 Cash Discount 160 0

Mar. 19 Reynold 5,000 5,000

Mar. 27 Cash 4,800 160

Mar. 27 Cash Discount 200 0

Apr. 7 Cash 8,500 (8,500)

Apr. 14 Elks Lodge 8,500 0

Apr. 30 Myers Manufacturing 7,000 7,000

May 31 7% Note Receivable 7,000 0

Jun. 15 MBA Groups 29,000 29,000

b) Allowance for uncollectibles = $29,000 x 8% = $2,320

c) Interest on Notes = ($7,000 x 7%)/12 = $40.83

3 0

3 years ago

Description of the the target market is formed in the___ part of the business plan

Alexandra [31]

Answer:

Market analysis

Explanation:

A business plan is a document that shows the goals of a business and details the roadmap to achieve them. It has several sections, with each giving specific information about the business.

The market analysis part talks about the target clients. The sections give detailed data on the industry, including competitors, market performance, and prevailing trends. It describes customers in the target industry.

5 0

2 years ago