Answer:
The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.
Explanation:
Allowance for Doubtful Accounts balance should be Credit balance, Since we have $120 debit balance and want to create $790 Allowance for Doubtful Accounts credit balance we have to credit Allowance for Doubtful Accounts by ($790 + $120 = $910) to get Allowance for Doubtful Accounts $790 Credit balance.
Therefore, The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.
Answer:
What would happen is Price of TVs goes up and price of rental DVDs goes down. Subsequently, price of movies theaters rises.
Explanation:
As there are less import of Plasma TV from Japan, the supply will be lower, while demand remains unchanged. So, price of Plasma TV will go up following is the demand for plasma TV will go down
As Plasma TV and rental DVDs are complementary goods, downward in demand for plasma TV means less demand for rental DVDs while supplies for rental DVD remains the same. Thus, price of rental DVD will go down.
As rental DVD and movies theaters are substitute goods, the demand in rental DVD going down will cause the increase in the demand in movie theaters while supplies for movie theaters stay the same. So, movie theater ticket will go up subsequently.
Option b. income from opeations
IFO is a realized profit from business own operations. The income is generated from running the primary excluding other sources example this exclude selling the property of a manufacturing company.
In recent years, both China and India have seen rapid economic growth and urbanization as their populations have grown larger. While these changes have helped many citizens reach middle-class status, the one significant area negatively associated with this expansion is that the amounts of environmental pollutants have increased.
<h3><u>Why economic groth causes pollution ?</u></h3>
- Economic expansion is linked to environmental degradation in the initial phase. At this point, the expansion of industry in less developed nations results in higher production of goods requiring a lot more energy and higher emissions of pollutants.
- Due to increased environmental awareness, adjustments in production, and tighter environmental restrictions, the tendency of environmental degradation steadily diminishes with the expansion of services and knowledge-based, technology-intensive sector.
- One may get the conclusion that economic growth in China and India appears to be inevitable. It is necessary for the continued growth of the nations and wealth of the local populace.
- On the other side, it may also be accompanied with a wide range of environmental issues and a decline in the state of the nation's health.
- Both nations have made the decision to pursue more economic development in the hopes that it will spare them from a humanitarian and environmental catastrophe.
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Answer:
c. the resignation
Explanation:
this would not affect the bottom line of the company and is therefore irrelevant