Answer:
40,000
Explanation:
Under the direct write-off method, bad debts are expensed. The company credits the accounts receivable account on the balance sheet and debits the bad debt expense account on the income statement.
Allowance for doubtful debt (Opening) = 42,000
Add: Bad de expense = 60,000
Total = 102,000
Less: Allowance for doubtful debt (closing) = 62,000
Write offs = 40,000
Answer:
<em><u>External recruitment.</u></em>
Explanation:
External recruitment is a strategic process that the corporate human resources sector uses to select out-of-company candidates with qualified profiles to fill available jobs within the organization.
Companies often use varied sources to select candidates, the most common being talent banks, job fairs, recruitment sites, newspapers and more.
The biggest benefits an organization can derive from performing an external recruitment process are greater choice among candidates, talent renewal, increased competitiveness by hiring a top talent and increasing diversity among professionals.
Hey Friend.
C) is the answer. Transaction deposit is an asset since it increases what you already have, while reserves and loans decrease what you have, because you'll have to take out.
Answer: (C) Long term debt
Explanation:
The long term debt is one of the type of long and fixed rate of interest and effectively balance the organizational liabilities and the cash flow process.
The long term debt is the term which is used to refers to the higher quality of principle balance in which it is easy to manage the payments and the budget on the basis of the operational income.
According to the given question, the long term debt is needed when the firm has the positive external financing factors and the main benefit of the long term debt that the investors are invested due to the interest payment and the fixed rate in the market.
Therefore, Option (C) is correct answer.
Answer:
B) The production budget is prepared in units and dollars.
Explanation:
The production budget is an estimate of how many units of products the company is going to produce during the next period or periods. This forecast is usually done considering the estimated sales and the amount of finished units that need to be available.
The production budget is prepared in units of products, not dollars.