<span>When you invest you have a greater chance of losing your money than when you save.</span>
Answer and Explanation:
The Journal entry is shown below:-
Bad debts expense Dr, $2,000
To Accounts receivable-Hopkins $2,000
(Being write off is recorded)
Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done
I believe the correct answer is Payment, because if the worker receives $500 EVERY TWO WEEKS it most likely means that is his payment or what he is employed for
The following are deducted from a typical paystub : City income tax, State income tax, Medicare, Social security and Federal income tax.
