Answer:
The appropriate amount of Bad Debt Expense is $3,345.20.
Explanation:
The appropriate amount of Bad Debt Expense can be calculated as follows:
Bad debt expense = (Percentage of accounts receivable not yet due it will not collect * Accounts receivable not yet due) + (Percentage of receivables up to 30 days past due it will not collect * Amount of receivables up to 30 days past due) + (Parentage of receivables of receivables greater than 30 days past due it will not collect * Amount of receivables greater than 30 days past due) - Allowance for Uncollectible Accounts (credit) ……………………… (1)
Substituting the relevant values into equation (1), we have:
Bad debt expense = (7% * $7,500) + (20% + $2,300) + (46% * $2,000) - $400 = $3,345.20
Therefore, the appropriate amount of Bad Debt Expense is $3,345.20.
Answer:
Hence the answer is given as follows,
Explanation:
Answer:
A. A married person with children
Explanation:
That person would be the head because he would be in charge.
The correct answer is D. Adjusted balance method.
Adjusted balance method in termed as the method which is being used by finance companies and banks to calculate for finance charges or interest income. which is known to be associated with credit card account or bank account.
The finance waits to aggregate all the adjustments and also calculates finance charges or interest rates by the end of billing period which will depend with the ending balance.
Some of the fundamentals of leadership are character, empathy, and integrity. These are essential ingredients of that make a leader successful. From the list below the best perspective would be: "The best style of leadership depends on the situation."
<h3>What is leadership and why is it important?</h3>
Simply said, leadership involves taking chances and questioning the existing quo. Leaders inspire followers to take on new and improved goals.
Leading an organization's resources toward increased efficiency and goal attainment is a crucial management job. Clear objectives are provided by effective leaders, who also inspire and direct their teams to accomplish the organization's goals.
A competent leader will model appropriate behavior for their team members and foster passion for the task being done. Leaders that are accountable and modest will teach their followers how to act in similar ways. In the process, leaders may give team members a good sense of the corporate culture.
Learn more about leadership:
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