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NeX [460]
3 years ago
9

Uptown, Inc. has determined that an account receivable of $125 is uncollectible. The company uses the direct write-off method. W

hich of the following entries is required to record the write-off?
A. Allowance for Bad Debts 125 125
Account Receivable
B. Accounts Receivable 125 125
Bad Debts Expense
C. Bad Debts Expense 125 125
Accounts Receivable
D. Cash 125 125
Accounts Receivable
Business
1 answer:
GuDViN [60]3 years ago
7 0

Answer:

C. Bad Debts Expense 125 125

Accounts Receivable

Explanation:

When there is straight waive off of accounts receivable, then it reduces the balance of accounts receivables and along with that the expense in the form of bad debts will be recorded in the income statement.

This provides for an expense to be debited and an accounts receivables would decrease because it is an asset, now no more realizable.

Also the expense will be debited as the general rule of accounting states that all expenses and losses are debited.

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A management concept based on an understanding of the changing wants and needs of customers, and which leads to flexible product
goldfiish [28.3K]

Answer:

customer orientation

Explanation:

customer orientation can be regarded as business approach where the company helps the customer to achieve their aim and goals.

4 0
2 years ago
Suppose the revenue from producing​ (and selling) x units of a product is given by Upper R (x )equals 10 x minus . 04 x squared
Volgvan

Answer:

marginal revenue is -6

and production levels 200, 50  

Explanation:

given data

R(x) = 10 x - 0.04 x²  

solution

we have given

R(x) = 10 x - 0.04 x²  

so here R'(x)  is

R'(x) = 10(1) - 0.4 (2x)  

R'(x) = 10 - 0.8 x ....................1

so here at x is 20 marginal revenue will be

R'(20) = 10 - 0.8(20)

R'(20) =  10 - 16

R'(20) = - 6

and

when revenue  is ​$400

R(x) = 400

400 = 10 x - 0.04 x²  

x= 200, 50

7 0
3 years ago
stock sells for $100 rights-on, and the subscription price is $90. Ten rights are required to purchase one share. Tomorrow the s
m_a_m_a [10]

Answer:

$99.09

Explanation:

Calculation for What is Tricki's expected price when it begins trading ex-rights

Using this formula

Expected price=Stock rights-on- [ (Stock rights-on-Subscription price)÷(10 rights+ One share)]

Let plug in the formula

Expected price=$100-[($100-$90)÷(10+1)]

Expected price=$100-($10÷11)

Expected price=$100-$0.91

Expected price=$99.09

Therefore Tricki's expected price when it begins trading ex-rights will be $99.09

3 0
3 years ago
Josh separated people who wanted a high quality lawn mower from people who wanted a low priced lawn mower, then saw if different
Vsevolod [243]

Answer:

The correct answer is letter "D": behavioral.

Explanation:

In market segmentation, classifying customers by behavior implies analyzing their consumption patterns to find out what type of product they are likely to buy under what conditions. This research allows companies to know what each type of client is looking for so the corporation can dedicate a tailored item for each market sector. By doing so, the firm increases its opportunities to generate more sales.

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3 years ago
“the dry cleaner on the corner is an eyesore.” this is a subjective claim because it
Oxana [17]

‘The dry cleaner on the corner is an eyesore’ is a subjective claim because a subject claim is not something that is factual rather it is an expression or an opinion that an individual says, in which the sentence is an example as it is an expression.

4 0
3 years ago
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