Customer complaints can be viewed positively as an opportunity to

2. X Company has the following accounting balances at the end of the year before adjustments: Accounts receivable $ 50,000 Allow

elixir [45]

Answer:Bad debt expenses will be $2000 on the income statement and Allowance for uncollectible Accounts will be ($3000) on the balance sheet.

Explanation:

The bad debt accounts and allowance for uncollectible accounts are stated in the income and balance sheet statement respectively yearly to monitor activities on collectible debts.

A firm based on his experience determined an estimated percentage of debts outstanding for the year that are likely to go bad. If the new estimate is greater than the previous year, the difference is debited to income statement and if the new estimate is less than the previous year estimate the difference is credited to the income statement.

In the above scenario the new year estimate is greater than previous year by $ 2000 and that lead to $2000 to be debited to income statement.

The balance is made to reflect the total of the new estimate to be deducted from collectible debt and this is why ($3000) goes to the balance sheet.

5 0

4 years ago

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You are organizing an executive event for the company you work for. Write a letter to the person in charge of a venue that you a

babymother [125]

Answer:

Mi-Tech Information and Communication INC,

43 D-Drive, Michigan,

USA.

August 8th, 2020.

The Empire Event Center INC,

3 Boulevard avenue, Michigan,

Sir,

INFORMATION INQUIRY FOR HOSTING AN EVENT

As the communication officer of the above named company, I wish to bring to your notice about our aim of hosing our end of the business year party using your facility. This is based on the agreement reached by the management board.

Unfortunately, due to lack of detailed information and financial implication involved, I was asked to write to your company. The information I need from your company include:

1. The cost of the event Venue

2. The cost of catering of food for 200 people in the venue. Drinks and water would be inclusive.

3. The entertainment, would it be free when renting the event venue or it would attract extra charge?

4. The valet who would render services, what are their charges like or would the cost be catered by your company?

5. The proposed date for the party is 30th and 31st December. Hope your organization is not engaged by that time?

6. What other extra services is available and which your company offers for such events we are planning to host?

7. Is there any other extra cost which my company should be aware of if we are to use your facility?

I will need to relay back to the management board the above answers to questions which I asked above. I look forward to your response soonest.

Yours sincerely,

Adam Michael (Communication officer)

For: Mi-Tech Information and Communication INC.

Explanation:

8 0

4 years ago

As the price of a resource decreases, _____. a. the supply of that resource increases b. producers are more willing and able to

solmaris [256]

Answer:

b. producers are more willing and able to hire that resource

Explanation:

In production resources are defines as various inputs in the production process of a product.

It contributes to the final product that a consumer buys and they have their various costs which are used to obtain their use.

So when the price of a resource decreases, it means that the cost of production also decreases.

There is now more outlay of cash that can be used hire that resource.

Producers are able to produce more of the final product so supply increases.

6 0

4 years ago

What is the meaning of assessment

finlep [7]

Answer:

the meaning of assessment is the evaluation or estimation of the nature, quality, or ability of someone or something. like your being tested on you knowledge of something, so you have a test.

Explanation:

8 0

3 years ago

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Which of the following is essential in a satisfying work environment?

Tems11 [23]

The answer is: B, A boss who is respectful and cooperative. Hope this helped.

7 0

3 years ago

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