It's very likely that art will Find that industrial buyers tend to purchase more on impulse than consumer<span> buyers.
This means that industrial buyers seldom making any concrete purchase for their needs. Their purchasing strategy usually revolves sitting around until they found an opportunity that would be the most suitable to enhance their profit depending on their current problems/situation.</span>
True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
Before purchasing the said product, it is only essential for
the person to consider the components of the IS which are five before having to
buy the product as this will ensure whether the product has passed and could be
of benefit towards to people who are going to buy it and if it is function-able.
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The globalization of business sectors alludes to the converging of truly unmistakable and isolate national markets into one immense worldwide commercial center. Falling hindrances to cross-outskirt exchange have made it less demanding to offer universally. It has been contended for quite a while that the tastes and inclinations of purchasers in various countries are starting to focalize on some worldwide standard, along these lines making a worldwide market.
Answer:
$2,540
Options are inconsistent with given question
Explanation:
Allowance for uncollectible accounts is a contra asset account and it has credit nature. It needs to be debited to decrease the balance and credited to increase the balance. Balance of this account is adjusted in the account receivable to report the net receivable balance in the balance sheet.
As per given data
Beginning allowance for uncollectible accounts balance = $3,700
Write off is the adjustment mad in this account and it needs to be debited in this account, this transaction will reduce the balance.
Adjusted Balance = $3,700 - 2,700 = $1,000
Credit sales = $118,000
Estimated allowance for uncollectible accounts balance = $118,000 x 3% = $3,540
As allowance for uncollectible accounts has already have balance of $1,000, Bad debt expense for the year is $2,540 ($3,540 - $1,000).
