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algol13
3 years ago
6

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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What were the economic changes that revolutionized manufacturing in the eighteenth century and led to the factory system?
Daniel [21]

Answer:

The industrial revolution affected the whole global economy, social relations, and culture.

The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.

The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).

The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.

Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.

7 0
3 years ago
Choose the best closing for a message requesting the receiver's support for a proposed change in a benefits plan.
MrRissso [65]

Answer:

c. Contacting me by December 1 about your support of this new benefits plan will allow me to present this proposal at the next strategic planning session.

Explanation:

The closing for a request should indicate a deadline for receiver, which can help to engage receiver in sender’s process.

Even though in this scenario, the sender is requesting for a support which might be not receiver’s responsibility to accept the benefit plan, but the sender can smartly appreciate the receiver if he can have the support by December 1.

I suppose with this closing in an email, receiver will put this mail in his working calendar or prioritized list if he really care and want to support this plan.

3 0
3 years ago
The departmental patriarch spent his last years at the university developing and promoting a Student Portfolio Project that requ
valentinak56 [21]

Answer:

D, starvation

Explanation:

Starvation can be defined as the deprivation of a certain thing till it leads to death. More often than not, starvation has majorly been synonymous with suffering as a result of lack of food.

In the above question, as soon as the patriach died, the Student portfolio project started to starve. It lacked continuos push and effort like the patriach did.

Cheers.

3 0
3 years ago
In a given year, Jennifer earns $50,000 and spends $40,000. During the same period, Stcve earns $30,000 and spends $27,000. If J
elena55 [62]

Answer:

The sales tax is regressive with respect to income

Explanation:

sales tax by Jennifer = 0.1*30000

                                   = 3000

tax/income = 3000/50000

                   = 6%

sales tax by steve = 0.1*27000

                                   = 2700

tax/income = 2700/30000

                   = 9%

The tax increases with decrease in income, it indeed is regressive on the whole.

Therefore, The sales tax is regressive with respect to income

6 0
3 years ago
What is bank interest​
Fynjy0 [20]

Bank interest is when you leave money in the bank for saving purposes. Then the money stays in the bank and you get money for keeping your money in the bank.

3 0
2 years ago
Read 2 more answers
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