Answer and Explanation:
The computation is shown below:
a.
The amount of the adjusting entry for bad debt expense should be
= $45,000 + $5,400
= $50,400
The journal entry should be
Bad Debt Expense Dr. 50,400
To Allowance for Doubtful Accounts Cr. 50,400
(Being the bad debt expense is recorded)
b.
Accounts Receivable 675,000
Allowance for Doubtful Accounts 45,000
Bad Debt Expense 50,400
c.
Accounts Receivable 675,000
Less: Allowance for Doubtful Accounts (45,000)
Net realizable value of accounts receivable 630,000
Correct Question: A type of coverage with a small face amount, typically purchased to pay the burial expenses of the insured, is called a(n) _________ plan:
A. Family
B. Industrial
C. Interment
D. Annuity
Answer:
B. Industrial
Explanation:
Also called a pre need insurance, industrial insurance is the type of insurance that is procured to take care of future occurrence such as burial.
It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.
Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.
For instance, a government that is inclined to pursue neo-liberal policies, could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.
Hence, the answer was given and explained above.
To learn more about politics and political party here:
brainly.com/question/12548909
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Answer:
B. Fitness equipment.
Explanation:
The core business of Anytime gym is fitness equipments. It is the main or essential activity of the Anytime gym business as it is what improves customer value and drive profits.
Generally the core business activity of Anytime Gym refers to the key activity of the enterprise.
Core business activity contains a clear company identity, in this case the name Anytime gym suggests that the business is involved in gym activities and what stand for.
Joey would score high on Consideration
Explanation:
Consideration is the advantage that the contract gives you. Everyone in a contract must therefore something promise to do. Furthermore, consideration gives each party a benefit. If the agreement fails to take into account, the agreement may become ineffective.
The trade of value by each party is considered in a contract. Services or products, although consideration can be whatever the parties accept, are most often exchanged or promised in a contract.
For example: Cash.
