They pretty much agree to get something say like money for free but then they eventually have to pay it back.
Answer:
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $149,000
Adjustment made:
Less: Gain on the sale of land -$12,000
Less: Increase in accounts receivable -$19,000
Less: Increase in inventory -$12,000
Less: Decrease in accounts payable -$39,000
Total of Adjustments -$82,000
Net Cash flow from Operating activities $67,000
Answer: $41,600
Explanation: The percentage of receivables method is used to evaluate the amount of bad debt the company can experience in future. Under this method, the bad debt expense is the difference between the ledger balance and the actual balance of bad debt expense.
In the given case, we can calculate it as follows :-
Bad debt expense = estimated uncollectible accounts - allowance
= $47,000 - $5,400
= $41,600
Answer:
True
Explanation:
This theory believes that an employee desires to be fully involved in the administration of an organization and is therefore committed to the course.
The employee will also want a reciprocated encouragement and motivation from the managers in terms of training opportunities and a safe working environment as they believe that the right support from the managers will boost their performance.
Answer:
Net income of $34,147
Explanation:
Given that
the debits are $29,264
And, the credits are $63,411
We need to find out from the above information that what means to the accountant
As we know that the expenses comes in debit side and the revenues comes in credit side
So here revenue is more than the expenses
SO, there is the net income of
= $63,411 - $29,264
= $34,147
