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Irina-Kira [14]
2 years ago
12

I NEED AN ANSWER REALLY QUICK Why should I take personal finance

Business
1 answer:
Luda [366]2 years ago
6 0

Answer:

Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you budget within that income.

Explanation:

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"For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:
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ability of the program to generate losses for tax purposes but provide positive cash flow.

Explanation:

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Most Apple retail stores have a Genius Bar staffed with highly trained personnel who can help customers with their purchases of
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3 years ago
Diane is passionate about soccer and decides to open her own soccer sporting goods store. She invests her money, time, and effor
tigry1 [53]

Answer:

The answer is entrepreneur

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3 years ago
Johnson Company calculates its allowance for uncollectible accounts as 10% of its ending balance in gross accounts receivable. T
Margaret [11]

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<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>

1. Gross accounts Receivable = Allowance Account balance at beginning / 10%

= $30,000 / 10%

= $300,000

2.     Year   Account Title                              Debit     Credit

       2021  Bad debt expense                   $105,000

                  ($500,000*10% + $55,000)  

                         To Allowance for Doubtful Accounts   $105,000

3.  Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account

= $30,000 - (- $50,000)

= $30,000 + $50,000

= $80,000

4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000

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3 years ago
Budget deficit singapore for 5 year
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i dont know sorry for dis but i dont know wat else to do

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