Answer:
<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>
1. Gross accounts Receivable = Allowance Account balance at beginning / 10%
= $30,000 / 10%
= $300,000
2. Year Account Title Debit Credit
2021 Bad debt expense $105,000
($500,000*10% + $55,000)
To Allowance for Doubtful Accounts $105,000
3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account
= $30,000 - (- $50,000)
= $30,000 + $50,000
= $80,000
4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000
i think interactive media is almost every social media but im not 100% sure
Answer:
Option "A" is the correct answer to the following question.
Explanation:
A non compete agreement is a type of deal under which an employee signs a document that states that the employee will neither leave the company nor join any of the companies or businesses Which can harm its employer in the competitive market. Such an agreement is made a non-compete agreement.
Such legal arrangements prohibit workers from joining industries or occupations which are considered directly competitive with the employer.
Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is<u> 3 apartments. </u>
<h3>What is Sasha's marginal benefit?</h3>
This refers to the additional number of benefits that Sasha gets when she works an extra hour.
As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:
= 12 - 9
= 3 apartments.
Find out more on marginal benefits at brainly.com/question/11937697.
Answer: True
Explanation: Hyderali230 is wrong according to Cengage Unlimited. He tries to explain that the principle you keep putting in makes compound interest not grow as quickly. However, It's all things being held equal, meaning, no other principal payments are being made.