The process of Automated Clearing House make it take up to 4-6 business days to process payment request.
The payment request is a process initiated by the creditor and it is majorly based on website platform such as P.aypal, P.ayoneer etc.
Usually, when a payment request is initiated, a process called Automated Clearing House (ACH) is used by the financial institution to help transfer money to respective account of potential receivers.
However, the Automated Clearing House process can take up to 3,4, or 5 business days before the account will be credited even after the sender account have been debited.
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<em>brainly.com/question/11492961</em>
Based on the percentage of the receivables that go to the allowance account and the accounts receivable balance, the bad debt expense is $24,000.
<h3 /><h3>How can the bad debt expense be found?</h3>
This is found as:
= (Accounts receivable balance x Percentage of receivables ) + (Amount written off - Credit balance on allowance account)
Solving gives:
= (300,000 x 8%) + (25,000 - 21,000)
= 24,000 + 4,000
= $28,000
Find out more on bad debt expense at brainly.com/question/24246319.
#SPJ12
Geared to entice people to spend I think
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Costs associated with the alternatives are listed below.
Alternative X
Materials costs $ 41,000
Processing costs $ 45,000
Equipment rental $ 17,000
Occupancy costs $ 16,000
Alternative Y
Materials costs $ 59,000
Processing costs $ 45,000
Equipment rental $ 17,000
Occupancy costs $ 24,000
Only Material Costs are relevant because they vary whether you chose Alternative X or Y. Processing costs are the same in both options.