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Elan Coil [88]
3 years ago
10

Journalize the entries to correct the following errors: a. A purchase of supplies for $115 on account was recorded and posted as

a debit to Supplies for $482 and as a credit to Accounts Receivable for $482. (Record the entry to reverse the error first.) If an amount box does not require an entry, leave it blank.
Business
1 answer:
algol [13]3 years ago
6 0

Answer:

Dr Account Receivable $482

Cr Supplies $482

Dr Supplies $115

Cr Account Receivable $155

Explanation:

Preparation of the journal entries to Record the entry to reverse the error first.

Dr Account Receivable $482

Cr Supplies $482

Dr Supplies $115

Cr Account Receivable $155

(To Record the entry to reverse the error first)

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Olegator [25]

Answer:

The correct answer is: No, it is not legal.

Explanation:

The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from using abusive, unreasonable, or misleading money-recovery methods. That is meant to protect debtors from harassment or intimidation.  

<em>Collectors cannot present themselves as law enforcement or government officials, they cannot call people at work or multiple times at home or during out hours, they cannot pass off papers as legal documents when they are not, they cannot arrest you, or lie in any way.</em>

Thus, <em>Sekelow has violated the FDCPA by sending debtors postcards requesting contact from their end.</em>

5 0
3 years ago
Many women are still hampered by a ______ or an invisible barrier that limits their ability to progress to more senior positions
alina1380 [7]

Many women are still hampered by a glass ceiling or an invisible barrier that limits their ability to progress to more senior positions.

A glass ceiling is a metaphor for an imperceptible barrier that prohibits a particular population from progressing over a particular level in a hierarchy (usually attributed to women).

Feminists originally used the metaphor to describe obstacles high-achieving women face in their jobs.

In the US, the phrase is occasionally used to describe barriers that prevent minority women as well as minority males from moving up the social ladder. Due to their interaction with two historically oppressed groups—women and people of color—minority women in white-majority nations frequently experience the most difficulties in "breaking the glass ceiling."

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6 0
1 year ago
Explain why the government might prefer to provide incentives to private firms to do investment or research and development, rat
Neporo4naja [7]

Answer:

One explaination I have heard is that governments are organized for stability and order, which is good, but what they're not good at is creativity and efficiency. The private sector is better at innovation and speed of execuation.

Explanation:

This is only one possible answer of many. I would not consider this answer to be complete.

7 0
2 years ago
True or False? In order for a SWOT analysis to be successful, it is critical to focus on business processes that met customer ne
romanna [79]

Answer: True.

Explanation:

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4 0
3 years ago
consumption spending is $3.708 trillion, spending on nondurable good is $1.215 trillion and spending on services is $2.041 trill
nexus9112 [7]

Answer:

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Explanation:

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6 0
4 years ago
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