Answer: a. Accounts Receivable
Explanation:
The Direct Write-off method is usually used by businesses where Uncollectible Receivables are not common. This way when it does occur, they simply debit the Bad Debts accounts and credit the Accounts Receivables to show the event.
This method of Accounting violates the Matching Principle under the Accrual basis because it usually does not recognize bad debts in the same period that the inventory was sold. It only records bad debts when they are declared which could be periods afterwards.
Answer:
You open up too easily
Explanation:
Keep your guard up and stop trusting everyone on brainly
I don't what the answer is but I will look for it
Law of diminishing return has a positive relationship with marginal cost
Explanation:
The law of diminishing returns implies that marginal cost will rise as output increases. Eventually, rising marginal cost will lead to a rise in average total cost.
Answer:
cash 2,790 debit
unearned revene 2,790 credit
unearned revenue 1,860 debit
rent revenue 1,860 credit
Explanation:
The revenue from the rent is unearned as currently the firm has to provide the rent spance for three months It will be earned as time passes.
At year-end December 31th we have earned 2 months (Nov and Dec) therefore we reocgnize for that amount
2,790 x 2/3 months = 1,860 rent revenue
