Answer:
option d) debit to Bad Debt Expense for $7,200
Explanation:
Data provided :
Total estimated uncollectible receivables of the company = $ 7,900
credit balance for the allowance for doubtful accounts = $ 700
Therefore,
the net bad debt expenses of the company = $ 7,900 - $ 700 = $ 7,200
Hence,
the<u> correct answer is </u><u>option d) debit to Bad Debt Expense for $7,200</u>
<span>The type of arrangement where the
members of a cross-functional team have an informal agreement that
whenever a team member goes out of town on business, that the team member
will leave a phone number where he can be reached by the other members
of the team is known as group norm.</span>
Answer:
True
Explanation:
In simple words, Relatively persistent flows of capital transfers and interactions between two or several entities are termed inter-organizational connections. These relationships are considered to be risky and often results in superior returns. It helps two firms to operate in a ritualistic partnership combined which does not force them to combine into a common company.
Answer:
A function that will be executed
Explanation:
