Answer:
the amount of bad debt expense for the adjusting entry is $8,210
Explanation:
The computation of the amount of bad debt expense for the adjusting entry is shown below:
= Unadjusted trial balance × estimated percentage - credit balance of allowance for doubtful accounts
= $130,500 × 7% - $925
= $9,135 - $925
= $8,210
Hence, the amount of bad debt expense for the adjusting entry is $8,210
Answer:
$307,390
Explanation:
Given that,
Cost of Goods Available:
= Beginning Inventory + Net Purchases
= $140,000 + $658,000
= $798,000
Cost of goods Sold:
= [(100 - Gross profit ratio) ÷ 100] × Sales
= [(100 - 29) ÷ 100] × $691,000
= $490,610
Ending Inventory:
= Cost of goods available - cost of good sold
= $798,000 - $490,610
= $307,390
The answer for this question is: Out of state ID
When accepting out-of-state study, the institution is required to ask for additional information such as recent photos and document issuance date.
Since this type of ID make everything become complicated, a lot of individual establishments choose not to accept this type of ID.
Answer: (C) Glass ceiling
Explanation:
The glass ceiling is one of the concept in the united state which demonstrate about the efforts of the minorities level group and the women for reaching at the top rank in the management sector.
It is basically regardless about the achievement and also the qualification of the women ad the minorities in the united states. The glass ceiling is also refers to the persuasive resistance.
Therefore, Option (C) is correct.
Answer:please refer to the explanation section
Explanation:
Centralized Purchasing is when one head quarters department controls and handles all the purchasing that is undertaken by the business. Big companies often adopt this management strategy in controlling and managing purchasing activities undertaken by the business. while centralized purchasing strategy may have certain advantages, there are disadvantages associated wiht centralized purchasing.
- Possible Delay in processing purchase requisitions from business branches in other areas for ad hoc goods.
When Purchases are centrally controlled and managed, Purchasing department will be dealing with many purchasing requisitions from different branches which may cause a delay in the processing of purchase requisitions for goods that are needed immediately which may cause frustration for businesses operating in other areas.
- When the central purchasing department is located far away form when the business is operating the business may loose local discount
When the purchasing department is located far away from where the business is operating, for instance in another city or even in another country the business will not be able to take advantage of local discounts from local suppliers.