Financial records, A company’s competitors. Got it from quizlet!
Answer:
Balance in the Allowance Account : $1600
Please see details below:
Explanation:
When the company determined the bad debt balance, the company made the next entry to the accounting system.
Debit - Bad Debts Expense $1000
Credit - Allowance for Doubtful Accounts $1000
When the company write-off some debts it makes the next entry.
Debit - Allowance for Doubtful Debts $2.100
Credit - Accounts Receivable $2.100
When the company recorded bad debt expenses:
Debit - Bad Debts Expense $2700
Credit - Allowance for Doubtful Accounts $2700
Answer:
Option B
Explanation:
Open innovation framework includes strategic, controlled transfers of knowledge with actors beyond an organization's borders, seeking to incorporate their expertise and experience into the creative cycle of the organisation itself.
Whereas, A closed development is focused on the assumption that the businesses itself produce developments. The innovation cycle usually occurs exclusively inside the business, from the production of concepts to the creation and advertising.
Thus, from the above we can conclude that the correct option is B.
Answer:
supply curve for paper would shift to the left.
Explanation:
Negative externality is when the cost of either production or consumption activities to third parties not involved in the activities exceeds its benefit.
If the governmental makes the firm internalize the externality, the cost of production would increase.
If the cost of production increases, the firm would reduce supply in order to reduce costs.
A reduction in supply leads to a leftward shift of the supply curve.
I hope my answer helps you