Answer:
The balance of allowance for doubtful accounts is $ 1,880
Explanation:
Computation of balance in Allowance for Bad Debts
Total credit sales $ 47 comma 000
Estimated bad debts as a % of sales 4 %
Balance of Allowance for Doubtful accounts $ 1,880
The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.
<span>That's what spam says. But
if you send in your item before midnight tonight, then this is your
chance: 0.1% you win $ 1,000,000 75% you can not win anything else. <span>pay $ 1,000</span></span>
Answer:
$196,730
Explanation:
The note payable signed has an interest rate of 6% per year. Since the amount is paid back in 6-months, only half a period should be considered when calculating interests due. The total amount that New Morning Bakery should pay back on May 1, 2022 is given by:
The company will need to pay $196,730.
Answer:
A. plus the net outflow of capital abroad.
Explanation:
National saving of any nation is derived from the people´s savings from the total earning after paying for all nessesities, taxes and government purchase. We can further include net export to the total saving, which is export minus import. We know value of net exports must be equal to the value of net capital outflow. Thus, national saving equals domestic investment and the net outflow of capital abroad.
S= Y-C-G+NX
Where S = saving, Y= Income, C= current consumption, G= Governement purchase, NX= Net export.
Answer:
D. number of different product lines the company carries
Explanation:
Product mix is referred to as product assortment which is the total number of product lines a company offers to its customers.
