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stellarik [79]
3 years ago
15

A yearminusend review of Accounts Receivable and estimated uncollectible percentages revealed the​ following:

Business
1 answer:
CaHeK987 [17]3 years ago
6 0

Answer:

The Uncollectible Account Expense at year end ​is $9,300

Explanation:

At the end of the year:

Estimated Uncollectible = $60,000 x 3% + $40,000 x 5% + $25,000 x 12% + $7,000 x 50% = $10,300

The company uses aging of receivables ​method. Before adjustment, the credit balance in Allowance for Uncollectible Accounts was $ 1,000. Therefore: Uncollectible Account Expense = $10,300 - $1,000 = $9,300

The entry:

Debit Uncollectible Account Expense $9,300

Credit Allowance for Uncollectible Accounts $9,300

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Gdp excludes most items that are produced and sold illegally and most items that are produced and consumed at home because
nataly862011 [7]

Answer:

Gdp excludes the most of items that are produced and sold illegally and also most of the items that are produced and consumed at home because the products which are illelegal are not sold under government policies and are not authorised.

Explanation:

GDP: It is been referred as the total value of all the goods and services which has been produced for the marketplace within one year's period and within our national borders.

Measurment of GDP:  

  • It will record only the value of final output of goods no intermediate goods are included in it.
  • The output here is valued only at its market prices.
  • It measures the values of both tangible and intangible services.
  • It measures the values of goods which are produced within the geographic boundaries of country.

Where this GDP is countable:

It is countable only where the products are produced in economy and are being sold legally in the markets.

Excludes the products being sold illegally.

3 0
3 years ago
Fred Hash worked for Van Stavern Construction Co. as a field supervisor in charge of constructing a new plant facility. Hash ent
Eduardwww [97]

Answer:

<em>Ratification by Principal One of the criteria for enactment is that all material truths involved in the transaction must be known to the Principal. Van Stavern was not aware of Hash's behaviour. </em>

He did not realize that somehow the steel is being shipped under his name, and that the shipments were being billed him directly. Unlike liability through obvious authority, approval by the principal is a positive act by which he or she acknowledges the agent's illegal actions.

Just a principal would ratify; thus, Van Stavern was not directly imputed to information by the invoices and checks signed by Van Stavern's workers.

The court stated that the use of corporate checks was further proof that Van Stavern regarded the expenditures as business, not private. So Van Stavern could not be held personally liable.

Remember that on Sutton Steel that's not excessively harsh. Sutton understood it was working with a building company and did not seek to get the personal approval of the contract from Van Stavern.

<em>Lawfully, Sutton's agreement in this case is called an unaccepted offer which can be withdrawn at any time.</em>

<em></em>

6 0
3 years ago
Television advertisements typically portray the elderly as being
rosijanka [135]

Television ads usually portray the elderly as being vibrant, active, healthy, energetic, etc.

In television ads, things are usually depicted as being the opposite of what they are in real life. That, or television ads are meant to reinforce stereotypes. That's usually in more television shows, instead of advertisements though.

4 0
3 years ago
Read 2 more answers
Name a profession which typically includes an apprenticeship as part of its training program
garri49 [273]
Carpentry has apprenticeship programs.
8 0
3 years ago
Isabella is working with her boss on how to achieve the goals that have been set for the next year. So far they have agreed that
EastWind [94]

Answer:

B) MBO

Explanation:

An MBO is a secondary vocational education program carried out in the Netherlands. It lasts for four years and its courses go from assistant training, basic vocational training, professional training and finally middle-management training. It is basically the dutch equivalent of technical college, since you start the MBO when you are around 18 years old. After you complete your MBO you can continue your college education.

The MBO covers a lot of professions but it is basically hands on training, since between 20 -60% of the time is practical training (they work as someone else's assistant or trainee).

Isabella is her boss's trainee and since she is about to graduate, she must start training 2 new assistants.

4 0
3 years ago
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