Answer:
A business typically estimates the amount of bad debt based on historical experience
Explanation:
So, first you graduate your high school - you're 18 years old.
After this, you need four years in college -which means that you will finish college at 22, 4 years after you're 18
After this you will go to medical school for 4 years -until you're 26.
Then you have a residency of 5 years- 26+5=31, so until you're 31
after this you have a two year training until you're 33- so the correct answer is 33!
Sabrina Company recorded an adjusting entry for salaries owed to employees at the end of the year. As a result of this entry, Sabrina Company's equity decreases and liabilities increase.
<h3>What is equity?</h3>
Equity in finance refers to ownership of assets that may be accompanied with debts or other liabilities. Liabilities are subtracted from asset value to calculate equity for accounting reasons.
<h3>What is liabilities?</h3>
A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
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Answer:
are costs that do not vary with production or sales level
Explanation:
Fixed cost can as well be regarded as overhead cost they are expenses in the company that does not depends on the change in the amount of goods and services produced in the company. They are time- related cost such as
salaries, property taxes, interest as well as insurance. It should be noted that fixed costs are costs that do not vary with production or sales level
Answer:
(A) True
Explanation:
Differential cost is the difference between the cost to produce Product O and produce Product P; in this case it’s the additional cost of $13 per pound to produce
So the statement “The differential cost of producing Product P is $13 per pound” is true
