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Anastasy [175]
3 years ago
9

Brandon has completed the first draft of his business report and is in the third phase of the writing process, revision. what sh

ould brandon focus on during this phase?
a. improving the content and sentence structure of his report.
b. correcting the grammar, spelling, punctuation, and format of his report.
c. adding, cutting, and recasting what he has written.
d. all answer choices are correct.
Business
1 answer:
Dmitry [639]3 years ago
3 0
The phase 3 of a business report is the revision phase.
The revision phase involves revising, proof reading and evaluation.
In this phase, improving the content and sentence structure of the report, correcting the grammer, spelling, punctuation, and format of the report and adding, cutting, and recasting what has been written.

Therefore, the correct answer to the question is äll answer choices are correct".
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Management estimates that 1% of the $100,000 of credit sales will be uncollectible. The Allowance for Doubtful Accounts has a $1
Vitek1552 [10]

The Adjustment entry to record the estimated bad debts include debit to Bad Debt Expense of $900 and credit to Allowance for Doubtful Accounts of $900. Thus 2nd and 5th options are correct.

<h3>What is Bad debt?</h3>

Bad Debt refers to the amount of loan which cannot be recovered. It is an outstanding balance which is irrecoverable. Thus in simply words it means the amount which will not be paid by the customer.

According to the given question, The credit balance is $100  in Allowance for Doubtful Accounts.

The credit sales method a specific percentage of credit sales represent bad debts of the previous period. Thus the difference amount comes under Allowance for Doubtful Accounts.

Journal Entry for the estimated bad debts is as follows:

DR. BAD DEBT EXPENSE                                           $900

To CR. ALLOWANCE FOR DOUBTFUL ACCOUNTS                     $900

Learn more about Bad Debt here:

brainly.com/question/13794933

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7 0
2 years ago
Admitting New Partners Myles Etter and Crystal Santori are partners who share in the income equally and have capital balances of
Artyom0805 [142]

Answer:

Etter capital                           $83,000

Lonnie Davis capital                                   $83,000

Explanation:

Data provided in the question:

Capital balance of  Myles Etter = $249,000

Capital balance of  Crystal Santori = $105,000

Amount of interest sold by the Etter to Lonnie Davis = one-third

Sales price = $70,000

Now,

Required entry will be as follows

Etter capital                           $83,000

Lonnie Davis capital                                   $83,000

Here,

the cash will be directly received by the Etter not by the partnership

Hence,

It will have not effect on the entry.

6 0
3 years ago
Alto Company issued 7% preferred stock with a $100 par value. This means that: Multiple Choice Only 7% of the total paid-in capi
Kobotan [32]

Answer:

The amount of the potential dividend is $7 per year per preferred share.  [$100 x 7%] = $7

Explanation:

The preferred stockholder will receive $ 7 per share held each year provided there are sufficient net income to distribute those dividend.

4 0
3 years ago
Diaz Company reports the following variable costing income statement for its single product. This company’s sales totaled 55,000
kirill [66]

Answer:

Sales                               3,575,000

Variable Manufacturing   1,567,500

Fixed Manufacturing      <u>    247,500</u>

COGS:                               1,815,000

gross profit                       1,760,000

Variable S&A expense      302,500

Fixed S&A expense     <u>        191,250  </u>

Net Income                      1,266,250‬

Explanation:

Absorption cost will consider unit cost only the manufacturing department cost the rest are period cost.

We solve for the fixed overhead per unit using produced units:

Fixed overhead $382,500 / 85,000 = 4.5

Then we add it to the variable cost of 28.5 and get a unit cost of $33

Wer multiply by the 55,000 units to get COGS

the rest will be period cost.

7 0
4 years ago
Read 2 more answers
James wants to know what academic path he should follow to get into the fastest growing job market, and the highest paying. you
Mekhanik [1.2K]
Should get a college degree
4 0
3 years ago
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