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Korolek [52]
3 years ago
7

Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,700 of its accounts receiv

able from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions.
Business
1 answer:
Law Incorporation [45]3 years ago
6 0

Answer and Explanation:

The journal entries are shown below;

On Mar 11.

Bad debt exp $8,700

  To Accounts receivable $8,700

(Being the bad debt expense is recorded)

On Mar 29

Accounts receivable $8,700

          To Bad debt exp $8,700

(Being reversal is recorded)

Cash $8,700

             To Accounts receivable $8,700

(being the recovery of the bad debt is recorded)

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Every year businesses lose thousands of dollars from employee theft. Business owners put a lot of trust in employees to care and
Setler79 [48]

Answer:

  • Loss of confidential/product information
  • Loss of Time :  
  • Loss of money
  • Loss of company property

Explanation:

When employees take advantage of the benefits of employment which includes access to company's/employer's assets and the indulge in what is known as employee theft ( misuse of company's assets ), The losses that the company might experience will include some or all of the following :

  • Loss of confidential/product information
  • Loss of Time : this is when company pays the employees for work time that they did not put in
  • Loss of money
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7 0
3 years ago
Atlas Company builds swimming pools. Atlas budgets that they will sell 14 pools during the month of April at a price of $20517 p
DENIUS [597]

Answer:

Master Budget Variance = -$25,986 Unfavorable

Explanation:

Master Budget Variance = Standard or Budgeted Sales Value - Actual Sales Value

Budgeted Sales Value = 14 pools for $20,517 per pool = $287,238

Actual Sales Value = 12 pools for $21,771 per pool = $261,252

Master Budget Variance = $287,238 - $261,252 = $25,986

Since actual sales value is less than budgeted sales, the variance is unfavorable.

Master Budget Variance = -$25,986 Unfavorable

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4 years ago
First, you need to make some product ingredient decisions. Which option is most appropriate for Burnin' Rock? Select an option f
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Answer:

This best option amongst the list is "A"

Explanation:

Use the best ingredients, as specified in the product definition.

This is the best choice to reaching your desired quality with a form of consistency.

5 0
3 years ago
A good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is rec
belka [17]
The answer of the above question is “product”.
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3 years ago
Consider the following project network and activity times (in weeks): Activity A B C D E F G H Time 5 3 7 6 7 3 10 8 How much ti
VladimirAG [237]

Answer:

Please find the attached file of the complete question:

Explanation:

Please find the attached file of the solution:

Critical Path:  ACH

Duration: 21

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E is not on the critical path, thus it may also be delayed by two weeks without causing the project to be delayed.

D : ES : 6, EF : 10, LS : 7, LF : 11

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