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Vlada [557]
3 years ago
7

Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl

e and estimated that $6,300 of the $99,300 accounts receivable balance would be uncollectible. The allowance for doubtful accounts had a $530 debit balance at year-end prior to adjustment. What is the amount of bad debt expense
Business
1 answer:
alisha [4.7K]3 years ago
6 0

Answer:

the bad debt expense is $6,830

Explanation:

The computation of the bad debt expense is shown below:

= Estimated uncollectible amount + debit balance of allowance for doubtful accounts

= $6,300 + $530

= $6,830

Hence, the bad debt expense is $6,830

We simply added the above amount as it represent the bad debt amount

The same is to be considered  

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The empirical evidence indicates that compared to economies that are less free, countries with institutions and policies more co
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Answer: The empirical evidence indicates that compared to economies that are less free, countries with institutions and policies more consistent with economic freedom C. grow more rapidly and achieve larger poverty rate reductions.

Explanation: Countries that have policies in place are more likely to achieve growing at a faster rate and reductions because their people follow the rules and work hard to meet the expectations of the person in charge of their country. Free countries normally do not have steps in place to have a strong economic system and supporters of it.

6 0
3 years ago
Robert invested in stock and received a positive return over a 9-month period. Which of the following types of returns will be g
Anton [14]

Options:

A) Holding period return (HPR)

B) Effective annual return

C) Annual percentage rate

D) There is not enough information to make a definitive choice.

Answer:

Option B is correct.

Effective annual return

Explanation:

Robert invested in stock and received a positive return over a 9-month period then the effective annual return  will be the greatest.

3 0
2 years ago
Today's consumers do not need to rely on marketer-supplied information about products and services because they can use ________
MariettaO [177]

Answer:

The answer to the question would be C

Explanation:

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Of course, technology and the Internet are the best allies of the consumer who wants to be informed: thanks to smartphones, bar scanners, social networks or websites that compare prices or offer discounts, we are the buyers with more prior information on what we want or need to acquire.

4 0
3 years ago
In organizational change, unfreezing can occur by:
vredina [299]

Answer: b. increasing the driving forces.

Explanation:

Driving forces analysis (DFA) this are ways used in understanding and accounting for changes in industrial level. The drivers used for this are clusters of trends which directly or collectively have influence on changes occurring in an industrial structure and a rival's competitive conduct. The word force used here is used to show that the said drivers can materially impact the firm's future.

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2 years ago
A decrease in the supply of a good can be expected to cause ____ in the equilibrium price of the good and ____ in the equilibriu
JulsSmile [24]

Answer:

Increase, Decrease

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A decrease in supply will cause the quantity available for buyers to buy to decline. Consequently, the volume purchased will be fewer.  Equilibrium quantity will, therefore, decrease.

4 0
2 years ago
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