The answer to the blank space is physiological risk. By publishing safety ratings for cars, consumers are able to consider the safety evaluation conducted on the cars when determining which car to purchase. This information would help them in decreasing the risk of physiological damage in unwanted circumstances such as a car crash due to badly designed product.
Answer: $520,000
Explanation:
A bad debt expense occurs when an economic entity which could be an individual or firm cannot collect a receivable because the said customer can't meet their obligations anymore.
The amount of bad debt expense recognized for the year will be the outstanding accounts receivable at year end multiplied by the percentage of uncollectible outstanding receivables. This will be:
= 8% × $6,500,000
= 8/100 × $6,500,000
= 0.08 × $6,500,000
= $520,000
Answer:
The answer is Assistance programs.
Explanation:
Because Assistance programs are benefits that are offered to employees to helps manage several challenges they might have to accomplish the job. In this case, the company offered Jean several benefits such as bringing the pet, storing the yacht, it is a way to motivate Jean to accept the offer and do the best she can.
Answer:
The answer is:
More accounts have been written off than had been estimated
Explanation:
Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.
So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.
So we can infer from the debit balance that more accounts have been written off than had been estimated
Answer:
The correct answer is letter "A": True.
Explanation:
A fee interest timeshare or a simple fee represents the highest possible ownership interest someone can hold in real estate. It implies the property in reference is deeded so it is provided officially the owners to the document holder. Thus, that individual could use the property at will.
