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Alex_Xolod [135]
3 years ago
12

The following information is from the records of Mountainview Camera​ Shop: Accounts​ receivable, December​ 31, 2018 ​$80,000 (d

ebit) Net credit sales for 2018 ​160,000 Accounts written off as uncollectible during 2018 ​16,000 Cash sales during 2018 ​42,000 The company uses the direct writeminusoff method for bad debts. What is the amount of bad debts​ expense?
Business
1 answer:
alexgriva [62]3 years ago
4 0

Answer:

The amount of bad debts​ expense is $16,000

Explanation:

Bad debt : The Bad debt is that amount in which the chances of payment receive is very less. Thus, the bad debt amount is deducted in the balance sheet under debtors account and also it is shown in Profit and loss Account in debit side.

Under direct write minus off method for bad debts, the bad debt amount is recognized irrespective of whatever information is given.

Since in the question, the non-collectible amount is given which is $16,000.

So, the amount of bad debts​ expense is $16,000

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GaryK [48]

Answer:

1,350 units; 918 units

Explanation:

Ending inventory:

= Beginning inventory + Units started - Units completed and transferred

= 750 + 9,500 - 8,900

= 1,350

Equivalent units of ending work in process for Materials:

= 100% complete × Ending inventory

= 100% × 1,350

= 1,350 units

Equivalent units of ending work in process for Conversion:

= 68% complete × Ending inventory

= 68% × 1,350

= 918 units

3 0
4 years ago
Shipping the Good Apples​ Out?
ale4655 [162]

Yes. The marginal utility per dollar of each good is equal.

No. The marginal utility per dollar of of​ high-quality apples is greater than the marginal utility per dollar of​ low-quality apples.

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3 years ago
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ladessa [460]

Answer:

Option A: is the expected rate of return on a capital investment.

Explanation:

A capital is usually the money used to start up any business.

Cost of capital is simply cost of company's long-term sources of funds: debt, preferred equity and others. It shows how the market views the risk of the firm's assets. A firm must earn required return to compensate investors for the financing the business.

7 0
3 years ago
If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that e
Naily [24]

Full question:

If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, you would be using: Group of answer choices

a.equity theory.

b.Theory X.

c.motivation-hygiene theory.

d. Theory Y.

e. scientific management.

<u>Option A:</u>

If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, you would be using: equity theory.

<u>Explanation:</u>

Equity theory intends to hit an equivalence within an employee’s input and output in the workplace. If the worker can observe his or her reasonable balance it would drive to a more rich association with the administration.

Equity theory affirms that if a self recognizes an inequity among themselves and a companion, they will adjust the work they do to address the circumstances fairly in their sights.  So obtaining this fair balance assists to guarantee a stable and fruitful relationship is reached with the employee, with the overall outcome being contented, excited employees.

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3 years ago
A multinational organization is defined as a business that
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Answer:

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