Answer:
Explanation:
The journal entries are shown below:
On January 31
Allowance for doubtful accounts A/c Dr $800
To Account receivable A/c $800
(Being the written off amount is recorded)
On January 31
Account receivable A/c Dr $300
To Allowance for doubtful accounts A/c $300
(Being the reverse entry is made)
On March 9
Cash A/c Dr $300
To Accounts receivable A/c $300
(Being the amount is collected)
Answer:
Option D is correct.
Explanation:
Every single offered proclamation are right is the response in light of the fact that under the Double-declining-balance depreciation since it has more devaluation costs when contrasted with different strategies for depreciation.It isn't taking the leftover worth while figuring the deterioration it considers at end year depreciation is determined by taking the distinction of a year ago equalization and rescue value.Under this strategy deterioration is determined on balance measure of depreciation or book value of assets.
Answer:
it take 29.23 years, my salary to double.
Explanation:
To make the salary double I have to increase the value of salary by 100%. If inflation rate is 2.4 percent per year and salary increase the same rate the time period to make it double can be calculated as follow.
As every year 2.4% has compounding effect, so we will use compounding formula to solve this problem.
Target value = Existing value ( 1 + growth rate )^time period
200% = 100% ( 1 + 2.4% )^n
2 = 1 ( 1 + 0.024 )^n
2 = 1 ( 1.024 )^n
2 = 1.024^n
Taking log on both sides to solve the n
Log 2 = n Log 1.024
n = Log 2 / Log 1.024
n = 29.23 years
I will take 29.23 year to double the salary
The answer to this question is FALSE. Corporate blogs are
not easy to maintain because in making business blogs time is always needed
especially in having a schedule in posting frequently in the blog. Corporate
blogs can be external or internal blogs. External blogs are blogs that are
available in the public to see and interact while Internal blogs are blogs
within the company organization use only.
