Answer:
Option D Allowance for noncollectable Accounts.
Explanation:
The bad debt recovery recording is a two step process.
Step 1 Reverse the entry of bad debt with the amount received
Dr Trade Receivable $40,000
Cr Bad debts $40,000
Step 2 Now record the receipt of amount as a reduction in trade receivable and increase in cash asset.
Dr Cash $40,000
Cr Trade Receivables $40,000
The only account unconsidered here was Allowance for the noncollectable account.
Answer:
$70
Explanation:
The opportunity cost is the value in which the advantage is produced from the options available. The best gain is term as the opportunity cost
In the question, it is given that the offered price is $70 and the yesterday price is $30 which was paid which terms as a sunk cost. This cost is not useful for decision making as well as for computing the opportunity cost also
So, only $70 would be considered
Answer:
The use of a proper CRM.
Explanation:
A CRM basically means or translate to a Customer Management System.
A customer management system is an Information technology tool or software that enables companies to properly manage track and monitor their interactions and relationship with clients or potential customers.
Referring back to the question asked, the best answer to the question is to categories or segment the customer management system into teams and generate a unique assess code such that only the team working on a particular potential customer can access and monitor the status of interaction between a sales person and a customer within the same sales team.
This way, a third party sales team does not have access to the data of other sales team.
Answer:
The answer is D
Explanation:
Product A is a variable cost because variable cost(inputs) increases(decreases) with increase (decrease) units(output).
Whereas for product B;
Though, fixed cost is fixed across all units of output but as the total output increases, the average fixed cost decreases because the same amount of fixed costs now cover a larger number of output produced.
Answer
Hi,
Kenny is likely to have the job profile of a software developer
Explanation
A job profile defines the functions, accountabilities and requirements of a job position. In this case, Kenny is a software developer tasks with designing, installation, testing and maintenance of software systems. In this position, he has to ensure the software properly functions and meets the design standards that were agreed in the planning stages.
Good Luck!
