Answer:
rust + vinegar = silver gray to black; chewing tobacco + ammonia + water = brown; walnut husks
Explanation:
Answer:
deferred revenue
Explanation:
Deferred revenue refers to payments received in advance for services which have not yet been performed or goods which have not yet been delivered.
Answer:
60%
Explanation:
To calculate the percentage assigned to cost of goods sold
, we should use the formula:

= 60%
Therefore, the percentage assigned to Cost of goods sold is 60%
Answer:
For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.
Explanation:
Answer:
Explanation:
The journal entry will be:
Debit: Bad debt expense $2500
Credit: Allowance for doubtful $2500
Then, we will calculate the net amount of account receivable that should be included in current assets which will be:
Account receivable = $128000
Less: Allowance for doubtful = $500 + $2500 = $3000
Net amount of account receivable = $125000