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disa [49]
3 years ago
13

In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?

Business
1 answer:
il63 [147K]3 years ago
7 0

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

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Bellows Company uses the allowance method to account for uncollectible accounts. After making a concerted effort, Bellows’ manag
MatroZZZ [7]

Answer:

Db Allowance for Doubtful Accounts_1200

Cr to Accounts Receivable_____________1200

Explanation:

When a specific customer's account is identified as uncollectible, the journal entry to write off the account is:

A debit to Allowance for Doubtful Accounts (to reduce the Allowance balance that was previously established)

A credit to Accounts Receivable (to remove the amount that will not be collected)

7 0
2 years ago
At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 31
Lyrx [107]

Answer:

a.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $15,700

              Allowance for doubtful expense account                            $15,700

<u>Working</u>

= 5% * 314,000

= $15,700

b.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭36,840‬

              Allowance for doubtful expense account                            $‭36,840‬

<u>Working </u>

= 3% * (Cash sales + Credit sales)

= 3% * (914,000 + 314,000)

= $‭36,840‬

c.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭‭17,520

              Allowance for doubtful expense account                            $‭‭17,520

<u>Working</u>

= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account

= (8% * 139,000) + 6,400

= $‭17,520‬

8 0
2 years ago
The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 eac
grin007 [14]

Answer:

decreased by 4.5%

Explanation:

A family consumes: 10 pizzas, 7 pairs of jeans, and 20 gallons of milk.

In 2016, pizzas cost $10 each, jeans cost $40 per pair, and milk cost $3 per gallon.

The family's total cost of living in 2016 is:

C_{2016} = 10*\$10 +7*\$40 +20*\$3\\C_{2016} = \$440

In 2017, pizzas cost $8 each, jeans cost $40 per pair, and milk cost $3 per gallon.

The family's total cost of living in 2017 is:

C_{2017} = 10*\$8 +7*\$40 +20*\$3\\C_{2016} = \$420

The change, in percentage, of a typical family's cost of living is:

R=\frac{C_{2017}-C_{2016}}{C_{2016}} \\R=\frac{420-440}{440} \\R=0.045\ or\ 4.5\%

The cost of living decreased by 4.5%

5 0
3 years ago
Copywriters can correlate the visual and headline to the _____ step of the creative pyramid.
Citrus2011 [14]
The answer is that Copywriters may correlate the visual and headline to the attention step of the creative pyramid. The Creative Pyramid, refers to the pyramid which first indicates the most news-worthy information, then next is the second to the most important information and lastly, the other general background info of a news story.
4 0
3 years ago
Recall the educational and other requirements for Geographers. What are some requirements that would be helpful to
Leviafan [203]

Answer:

master’s degree and GISP certification

communication skills, including reading, writing, listening, and speaking

analytical and critical-thinking skills

computer skills

8 0
2 years ago
Read 2 more answers
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