Answer:
The correct answer is letter "A": Uncollectible accounts are not anticipated or immaterial.
Explanation:
Direct write-off is a method used to record debts from credit sales. An allowance account is not used with this method but an account receivable directly written-off for the outstanding amount once it is determined to be uncollectible. This method is used for tax-reporting purposes.
Answer:
Informing client of Accenture's firewall smart an innovative technology deployed right from the off in other to check and prevent security throughout the integration process.
Explanation:
Accentre should tell client about the companies model on how they intend to tackle such security concerns associated with the cloud. This is what a client whose fear is about security wants to hear. Once, Accenture explains how to the client about their early integration framework coupled with innovative technologies and firewalls geared at checking and preventing security breach, the client should be convinced and his fears allayed.
Answer:
Organizations refers to demographics
Explanation:
Answer:
$92,00
Explanation:
Base on the scenario been described in the question which we saw how Carly donated an to the church, when she purchased the gift, it was $100,000 but when she is to present the gift to the church, the fair market value became $92,000 which is her maximum charitable contribution deduction
the charitable deduction for ordinary income property is the lesser of fmv or basis limited to 50% of AGI
Answer:
Noodlecake
On its statement of cash flows, Cash Provided by Operating Activities equals $__1,000____ Cash from Investing Activities equals $__(3,000)______ Cash from Financing Activities equals $_7,000______ and the Change in Cash equals $_5,000______ Be sure to use parentheses around the amount if it is a cash outflow, e.g. $(1,000)
Explanation:
a) Data and Calculations:
Financing activities:
Common stock $5,000
Bank loan 2,000
Net cash $7,000
Operating activities:
Cash from customer $3,000
Cash to employees (2,000)
Net cash $1,000
Investing activities:
Equipment ($3,000)
Net cash from cash flows = $5,000
The net cash from cash flows or the change in cash flows is the summation of the changes in the operating, investing, and financing activities of Noodlecake during the period under review. It shows by how much the cash has increased or decreased when compared to the beginning balance, which can be zero as in this case.
