Answer:
$3,940
Explanation:
The journal entry to record the adjustment to the allowance account includes-
Debit Bade debt expense $3,940 (Note - 1)
Credit Allowance for doubtful accounts $3,940
<em>Note - 1</em>
Calculation = $96,000 × 5% = $4,800
However, as the allowance for doubtful accounts has a credit balance of $860 credit, the new bad debt expense will be = ($4,800 - $860) = $3,940 debit.
Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.
E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.
E-commerce is the interest of electronically buying or selling merchandise on online services or over the net. E-trade draws on technologies together with cellular trade, digital funds transfer, supply chain management, internet marketing, online transaction processing, electronic records interchange, inventory control structures, and automatic statistics series systems.
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Answer:
:)
Explanation:
The materiality threshold in audits refers to the benchmark used to obtain reasonable assurance that an audit does not detect any material misstatement that can significantly impact the usability of financial statements.
There are two general types of franchises: product-distribution and business format franchises.
Answer: Denial of victim
Explanation: Denial of victim is used when the crime is viewed as a punishment or revenge towards a deserving person. This technique may be used by those who attack homosexuals or minority groups. “They deserve it.” This is also glorified in the stories about the character Robin Hood and his actions involving stealing from the rich. Denial of Responsibility is when a criminal argues that they were a victim of circumstance and had no other choice but to commit the crime; that the crime was not their fault.
