1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
photoshop1234 [79]
3 years ago
10

When an account is written off using the allowance method, the net accounts receivable will:_______

Business
1 answer:
xxMikexx [17]3 years ago
6 0

Answer:

The correct answer is a. stay the same.

Explanation:

The method of assigning accounts receivable is performed in order to stop recognizing the accounts that are considered uncollectible, that is, in which all possible resources have been exhausted and therefore no action is expected from the customer. When this method is applied, what is done is to decrease the total value of the obligation, but without affecting the total value of the net accounts receivable.

You might be interested in
Which scenario might have taken place at a southern state polling center in the wake of the Fifteenth Amendment being ratified ?
professor190 [17]
<h3>Answer choices are:</h3>
  1. poll workers requiring voters to show a pay stub proving employment
  2. poll workers asking voters to prove home ownership
  3. poll workers having voters read aloud before voting to prove they could read
  4. poll workers creating separate lines for voters based on race
<h3>Correct answer choice is:</h3><h2>3. Poll workers having voters read aloud before voting to prove they could read.</h2>

Explanation:

The 15th Amendment to the Constitution gave African American people the freedom to vote by saying that the "right of residents of the United States to vote shall not be dismissed or digested by the United States or by any state on record of race, appearance, or past state of slavery. During the voting process vote operators having voters read loudly before casting the vote to confirm they could read.

3 0
3 years ago
Read 2 more answers
In a job order cost system, it would be correct in recording the purchase of raw materials to debit Finished Goods Inventory. Ra
Brilliant_brown [7]

Answer:

In a job order cost system, it would be correct in recording the purchase of raw materials to debit

Raw Materials Inventory.

Explanation:

When materials are initially purchased, the cost is debited to the Raw materials inventory account and credited to either Cash or Accounts Payable, depending on the trade terms.  When the materials are assigned to work in process, it is debited to Work in Process Inventory and to Jobs and credited to Raw materials Inventory.  Finished Goods Inventory is only debited for completed jobs.  Manufacturing Overhead is debited for all indirect costs.

4 0
3 years ago
What is depreciation? A cost allocation method. A valuation approach. An adjustment to market value over time. A cash accumulati
Tema [17]

Answer:

A cost allocation method

Explanation:

Depreciation is expensing the cost of acquiring a machinery over its useful life.

5 0
3 years ago
Blake racked up three safety violations in one month and was taken off the construction crew and put in the office, meaning he w
Vladimir79 [104]

Answer:

Punishment.

Explanation:

In this scenario, Blake racked up three safety violations in one month and was taken off the construction crew and put in the office, meaning he was no longer eligible for overtime. He pled with his boss, saying he needed the money for rent. Citing that Blake's financial situation was not a concern of the company, he was put in the office until he could demonstrate that safety was a priority. This illustrates punishment.

Punishment can be defined as an act of imposing a penalty or consequences on an individual or group of people for flouting rules, guidelines or instructions and any other wrongdoing.

<em>Generally, punishments are used as a moral tool to discourage wrongdoing or unacceptable behaviors being exhibited by people and to serve as a deterrent to others. </em>

4 0
3 years ago
If stock ghi has an initial price of $100. two years later the price is $132. what is ghi's geometric mean rate of return?
sashaice [31]

An initial price of $one hundred. years later the charge is $132.The ghi's geometric implies a rate of return ($132/$a hundred)^half of - 1 = 14.89%.

A rate of return (RoR) is the net advantage or lack of funding over a distinctive time period, expressed as a percent of the funding's preliminary cost. 1 while calculating the rate of return, you're figuring out the proportion trade from the beginning of the length till the stop.

The yearly fee for the rate of return is the share change within the cost of funding. for example: if you count on you earn a ten% annual charge for going back, then you are assuming that the price of your investment will grow with the aid of 10% every yr.

For instance, if funding is well worth $70 at the give up of the 12 months and turned into bought for $60 at the beginning of the yr, the annual rate of return could be sixteen. sixty six%.

ROI is calculated by subtracting the initial cost of the funding from its final price, then dividing this new variety by way of the cost of the investment, and, sooner or later, multiplying it with the aid of one hundred. The price of return is calculated as follows: (the funding's modern cost – its initial value) divided via the preliminary value; all times one hundred. Multiplying the outcome enables to the expression of the outcome of the system as a percentage.

Learn more about the rate of return here

brainly.com/question/24301559

#SPJ4

7 0
2 years ago
Other questions:
  • Rick agreed to buy two campers from McMahon and made a deposit of $1,000 as partial payment. Rick then wired McMahon not to ship
    8·1 answer
  • Intel, an American company, has manufacturing plants in China that assemble U.S. made components. Suppose one of these plants pr
    8·1 answer
  • The biggest problems with producing too much are lost sales and customer dissatisfaction.
    15·1 answer
  • Ben is exhausting his money income consuming products A and B in such quantities that MUa/Pa = 6 and MUb/Pb = 4. Ben should purc
    10·1 answer
  • Which two steps of project team building are out of sequence?
    13·1 answer
  • Salisbury Corporation has been producing and selling 30,000 caps a year. The company has the capacity to produce 50,000 caps wit
    13·1 answer
  • "A broker-dealer is registered in New York and Florida. A client that lives in New York is going to retire to Florida. Her agent
    14·1 answer
  • After the accounts have been adjusted at March 31, the end of the fiscal year, the following balances were taken from the ledger
    9·1 answer
  • Based on his investment advisor's guidance, Christopher sold two stocks during 2020. The capital gain on the sale of Magnificent
    11·1 answer
  • beginning inventory is $60,000. purchases of inventory during the year are $100,000. cost of goods sold is $120,000. what is end
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!