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xenn [34]
3 years ago
10

HR is focused on issues directly related to a person's job and with things that happen at work, as opposed to concerns that may

affect one's work such as eldercare and childcare, but are not directly related to work.True / False.
Business
1 answer:
lapo4ka [179]3 years ago
6 0
False. HR somewhat serves the function of an at-work counselor. Think of Toby Flenderson from the Office ;)
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What are five foundations of economics?
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incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

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George borrows funds from Hometown Credit Union (HCU) to buy real property. George signs a written instrument that gives HCU an
LUCKY_DIMON [66]

Answer:

a mortgage.

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3 years ago
Kingbird, Inc. uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable
antoniya [11.8K]

Answer:

(a) The adjusting journal entry to record bad debt expense for the year:

Debit Bad debt expense  $5,640

Credit Allowance for doubtful accounts  $5,640

<em>(To record bad debt expense)</em>

(b) If the allowance for doubtful accounts had a debit balance of $870 instead of a credit balance of $2,950, The appropriate journal entries are:

Debit Bad debt expense $9,460

Credit Allowance for doubtful accounts  $9,460

<em>(To record bad debt expense)</em>

Explanation:

To arrive at the bad debt expense for Kingbird, Inc., we simply need to calculate 3% of accounts receivable, as follows:

2% of $429,500 = $8,590

Since the allowance for doubtful accounts has a credit balance of $2,950, the bad debt expense will be: $8,590 - $2,950 = $5,640. The appropriate journal entries are as provided above.

However, if the allowance for doubtful accounts had a debit balance of $870 instead of a credit balance of $2,950, the bad debt expense will be: $8,590 + $870 = $9,460. The addition is necessary in order to reinstate the allowance account to $8,590. The appropriate journal entries are as provided above.

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Carla Corporation was organized on January 1, 2014. It is authorized to issue 10,000 shares of 8%, $100 par value preferred stoc
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Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

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