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3 years ago

What is the normal balance for the allowance for doubtful accounts (debit or credit), and why?

Business

1 answer:

abruzzese [7]3 years ago

7 0

The allowance for doubtful accounts has a normal credit account.

This account is a contra-asset account. Since assets have a normal debit balance, this account would have a normal credit balance.

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Which of the following processes is responsible for releasing the energy captured during photosynthesis? Select one: a. Eliminat

almond37 [142]

Answer: The correct answer is Option b.

Explanation:

Photosynthesis reaction is defined as the process in which plants make their own food with the help of carbon dioxide and water in the presence of sunlight. The energy is captured in the form of ATP during this process.

For the given options:

Option a: Elimination

Elimination reactions are defined as the reactions in which a kind of atoms or groups of atoms leave the molecule. This process is not seen in photosynthesis reaction.

Option b: Cellular respiration

Chemical energy stored in food is the source of the energy that is required to regenerate ATP. The process in which energy is released from food by a series of enzyme-controlled reactions is called cellular respiration.

Option c: Absorption

Absorption is defined as the process which involves a reaction between the substance being absorbed and the absorbing medium.

Option d: Digestion

Digestion is defined as the process by which complex food molecules are broken down into simple molecules that can be absorbed by the body for nutrition.

Option e: Transpiration

Transpiration is defined as the process where plants absorb water through their roots and then give off water vapor through the pores from their leaves.

From the above information, the correct answer is Option b.

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3 years ago

When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.

mel-nik [20]

A. True

The CPI is a measure of the cost of a "basket" of typical consumer goods, so if the cost of these goods goes down most families will spend less on average.

6 0

3 years ago

Short definition for business cycle ?

DiKsa [7]

A cycle or series of cycles of economic expansion and contraction.

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3 years ago

The returns on the Bledsoe Small-Cap Fund are the most volatile of all the mutual funds offered in the 401(k) plan. Why would yo

aalyn [17]

Answer:

The yields are perhaps the most unpredictable for the small cap fund since the securities in this account are the most risky. It does not mean that the fund is awful, only that the danger is greater, and thus the overall return is greater.If you are prepared to accept the extra risk in expectancy of a greater return, you should like to put money in this fund. The increased costs for this Fund will be anticipated.Small cap funds typically have higher spending due largely to greater operating costs, along with lower resource analysis.

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3 years ago

Joaquin didn’t buy a netbook computer when they first came out, but he did purchase one a year after they were introduced to the

Andru [333]

Answer:

The answer is: Early adopter

Explanation:

Early adopter refers to consumers that use a new product or technology before others. Since early adopters tend to pay more for a new product, they also benefit first from the product's specifications and performance.

They also serve as reference for other users who are considering to buy or not to buy the new product.

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3 years ago