1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
The Sunny Hills school district always has a flood of applicants because of the continuous learning opportunities they provide a
Tatiana [17]
D. Training experience you can gain
7 0
3 years ago
According to​ salary, the average salary for a software engineer level III​ (a higher-level position in software design and​ imp
fenix001 [56]

Answer:

Google acts according to the efficiency wage theory.

Explanation:

The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.

3 0
3 years ago
Tone is the ______ attitude toward the subject or audience.
e-lub [12.9K]
I think it’s author/character
5 0
4 years ago
Read 2 more answers
What is home trade businness​
Margaret [11]

Answer:

Home trade is the buying and selling of goods (with the aim of making profit) among people of the same country.

Explanation:

6 0
3 years ago
Read 2 more answers
A​ company's suppliers and the​ suppliers' suppliers are considered the​ _____________ portion of the supply chain.
xeze [42]

Answer:

Upstream portion

Explanation:

Supply chain is defined as the network of all resources, individuals, activities, technology and organization, who are engage in the establishment of the product and sale of the product, from delivery of materials to the manufacturer.

Suppliers of the company and the suppliers who supplies are considered to be the upstream portion of the supply chain. It is that portion of supply chain which involves the supplies of the company and the processes who manages the relationship with them.

6 0
4 years ago
Other questions:
  • As smartphone cameras improved, consumers turned away from traditional cameras. Polaroid lost market share and finally realized
    15·1 answer
  • How do government promote competition in the marketplace?
    10·1 answer
  • Nancy Henderson is a saleswoman for a manufacturer of small kitchen appliances. She does not directly solicit orders. Her primar
    13·1 answer
  • You recently invested $18,000 of your savings in a security issued by a large company. The security agreement pays you 6 percent
    8·1 answer
  • The FDIC's role in insuring the deposits in banks is an example of the direct role of the government.
    10·1 answer
  • Which of the following is the most complete definition of marketing?
    10·1 answer
  • The City of Waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city
    14·1 answer
  • QUESTION 40 The capital budget forecast for the Santano Company is $725,000. The CFO wants to maintain a target capital structur
    9·1 answer
  • The AstroNews has experienced a decline in the number of subscriptions to its printednewspaper over the last 5 years. It seems p
    6·1 answer
  • In the context of the strategies for reaching global markets, a(n) _____ is a firm that is offered the right to produce and mark
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!