Answer:
There will be no effect on working capital upon write off as the entries required would be a credit to receivables and a debit to allowance account.
Explanation:
The allowance account is the account used to record receivables due that may not be collectible.
When a company has determined that a receivable may be uncollectible, the company credits the allowance for receivables account and debits bad debit expense. This reduces the accounts receivable balance in the balance sheet as the receivables to be reported will be net the allowance given. As such, where on December 31, 2020, Allowance account balance includes $3,076 for a past due account that is not likely to be collected.
There will be no effect on working capital upon write off as the entries required would be a credit to receivables and a debit to allowance account.
Answer:
No entiendo inglish ajaja
I think it's B, to prevent unfair or deceptive business practices. I'm might be wrong though, so you may wanna just check with someone else. Hope this helps
Answer:
A
Explanation:
if its wrong than forsure d
Answer:
Chronological: Classic format that lists your work experience in order, starting with the most recent.
Functional: Emphasizes qualifications and accomplishments instead of specific jobs, but isn’t recommended.
Hybrid: Modern format where skills and highlights go at the top before a detailed work history.
Explanation: brainliest pls
