Dual credit and AP courses award high schoolers college level credits.
Advanced and Honors courses are more advanced than normal high school classes but still offer credit toward the high school diploma.
Answer:
A Assets and liabilities
Explanation:
Since the sole trader takes the loan of £5,000 from the bank that means the cash is increased because the receipts is received and the loan is also increased as the liability is created
So as per the given situation, both the assets and the liabilities are increased
Therefore the option a is correct and the same should be relevant
When the rate of inflation rises, people generally pay more for most products
Answer:
Increase the allowance for doubtful accounts.
Explanation:
It would increase the allowance for doubtful accounts because, if you determine the necessary journal entries for reestablishment and to collect the account receivables, what we get is depicted below:
Reestablishment entry:
Account receivables = xx
Doubtful accounts allowance = xx
On the other hand, we get the record collection entry:
Record Collection Entry:
Cash = xx
Accounts receivable = xx
From the above, the net effect is simply an increase in current asset account; CASH, and a corresponding increase in the allowance for doubtful accounts.
