Answer:
This first statement it's to record an estimation of uncollectible accounts
- The journal entry to record bad debt expense requires a debit to bad debt expense and a credit to allowance for doubtful accounts.
Explanation:
When the company determined the percentage of total amount of accounts receivables as uncollectible, the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)
At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.
The other way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduce in the same amount, less assets.
Answer: The correct answer:
A. Managing monetary policy.
Answer:
The Carolina Christmas Tree Corporation’s total revenue is $32,500.
Explanation:
The total supply of Carolina Christmas Tree Corporation (Q) = 500
The selling price of a tree (P) = $65
The total revenue (TR)of Carolina Christmas Tree Corporation = Total supply (Q) * Selling price of a tree (P)
TR = 500 * $65 = $ 32500
Therefore, the answer to the given question is option C = $ 32,500
Answer:
The answer is A, SSL
Explanation:
SSL which is the abbreviation for Secure Sockets Layer, is an encryption-based web security protocol. It is majorly used to ensuring web space privacy, authentication and also achieve data integrity in Internet communications.
The five foundations of trade are:
- incentives
- tradeoffs
- opportunity cost
- marginal thinking,
- principle that trade creates value.
<h3>Why do we engage in trade?</h3>
There are five main foundations of trade that are the reason why people engage in trade. One of them is the profit incentive to make money from trade. Another is the tradeoffs that people are forced to make to survive.
Opportunity cost also leads to trade because people give up one thing for another and so may have to sell the thing they gave up to receive the thing they want. There is also the principle which posits that when we trade, value is created. Finally, there is marginal thinking which is thinking along the lines of the benefit of one additional unit.
Find out more on the foundations of trade at brainly.com/question/2710473
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