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
Answer:
The major difference between a stable and a dynamic environment is that in a stable environment, the change is slow so the key decision makers in that company have time to assess and react effectively to the situation, while in a dynamic environment, change is rapid and thus the managers have to react in a quick manner in their response.
Explanation:
A business is an activity that is pursued for commercial purposes. In the business environment, there are factors that contribute towards how the business operates. These factors can be divided into two broad factors, namely; internal and external factors or forces.
<em>1. Internal forces</em>
Refers to anything withing the business, whether tangible or intangible that is under the control of the business. When a force is beneficial to a company it is a strength, however, when it is detrimental to the company it is a weakness.
<em>2. External forces</em>
External forces are factors outside the business that the business has no control over.
A business environment refers to all the internal and external forces that affect the business. A business environment can either be stable or dynamic. The major difference between a stable and a dynamic environment is that in a stable environment, the change is slow so the key decision makers in that company have time to assess and react effectively the situation while in a dynamic environment, change is rapid and thus the managers have to react in a quick manner in their response.
Internal forces can occur in a stable or a dynamic environments depending on a range of factors. The same holds true for external forces.
The adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the first year is: Debit Unearned Fees, $7,245; credit Fees Earned, $7,245.
<h3>Adjusting journal entry</h3>
Based on the information given the appropriate adjusting journal entry to record the transaction will be:
Garcia Publishing Company adjusting journal entry
Debit Unearned Fees $7,245
Credit Fees Earned, $7,245
($28,980×9/36)
April 1 -December 31=9 months
Inconclusion the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the first year is: Debit Unearned Fees, $7,245; credit Fees Earned, $7,245.
Learn more about journal entry here:brainly.com/question/14279491
Answer:
The correct answer is D) product differentiation.
Explanation:
Product differentiation is a competitive strategy that aims to allow the consumer to perceive differently the product or service offered by a company, with respect to those of the competition.
Product differentiation can be based mainly on various attributes such as quality, color, size, after-sales service, specialized attention, location, brand recognition or luxury. But any attribute makes perceive a product or service differently is considered product differentiation.
It should be noted that the differentiation also has a subjective element since consumers can perceive that a certain brand is different from another based not on the comparison of objective characteristics but on the idea that they have made of the company and its image.