Which economist most supported the idea that poor workers would

Problem 5-3A Record transactions related to accounts receivable (LO5-3, 5-4, 5-5) [The following information applies to the ques

konstantin123 [22]

Answer:

JOURNAL ENTRIES related Accounts Receivables

2021

12 June Debit Accounts receivable $37,400 Credit Service Revenue $37,400

17 Sep Debit Bank $22,000 Credit Accounts receivables $22,000

31 Dec Debit provision for doubtful debts adjustment (expense) $6,930 Credit Provision for bad debts $6930

2022

4 Mar Debit Accounts receivable $ 52400, Credit Service revenue $52,400

20 May Debit Bank $10,000 Credit Accounts receivables $10,000

19 Oct Debit Bank $42000 Credit Accounts receivables $42,000

31 Dec Provision for bad debts adjustment $180 Credit provision for bad debt $180

Explanation:

2021

provision for bad debts beginning = $0

adjustment = $6930

closing (15400 *0.45) =$6930

an increase in provision or allowance in doubtful debts is an expense

2022

Provision for bad debts opening $6930

Adjustment $180

closing (15800*0.45) $7110

8 0

2 years ago

Fred Hash worked for Van Stavern Construction Co. as a field supervisor in charge of constructing a new plant facility. Hash ent

Eduardwww [97]

Answer:

Ratification by Principal One of the criteria for enactment is that all material truths involved in the transaction must be known to the Principal. Van Stavern was not aware of Hash's behaviour.

He did not realize that somehow the steel is being shipped under his name, and that the shipments were being billed him directly. Unlike liability through obvious authority, approval by the principal is a positive act by which he or she acknowledges the agent's illegal actions.

Just a principal would ratify; thus, Van Stavern was not directly imputed to information by the invoices and checks signed by Van Stavern's workers.

The court stated that the use of corporate checks was further proof that Van Stavern regarded the expenditures as business, not private. So Van Stavern could not be held personally liable.

Remember that on Sutton Steel that's not excessively harsh. Sutton understood it was working with a building company and did not seek to get the personal approval of the contract from Van Stavern.

Lawfully, Sutton's agreement in this case is called an unaccepted offer which can be withdrawn at any time.

6 0

2 years ago

Nelson is documenting all the steps it takes to recruit, hire, and onboard a new employee. What would be the best way to describ

Levart [38]

The best way to describe the steps is to define them in a systematic way.

Explanation:

For recruiting, Nelson should look for various alternatives where he can approach skilled group of people like institutions and colleges, placement agencies or he can also contact head hunters for highly skilled jobs.

For onboarding he should access the talent potential employee is bringing on the table considering the general market practice for such job and thus offering him a pay structure that would attract him to join keeping the best interest of the company in mind.

He should also make him clear the terms and conditions as per the job and providing him a healthy work environment and help him to get to know the people he will be working with.

To know more about Recruitment, click here

https://brainly.in/textbook-solutions/q-state-difference-recruitment-selection-2

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6 0

8 months ago

In classical conditioning, the ns becomes a ________ after it reliably signals the occurrence of the ________.

Leto [7]

In classical conditioning, the Neutral Stimulus (NS) becomes a Conditioned Stimulus (CS) after it reliably signals the impending occurrence of the Unconditioned Stimulus (US).

The conditioned stimulus (CS) is a neutral stimulus (NS) that - after being repeatedly presented before the unconditioned stimulus - evokes a similar response as the unconditioned stimulus (US).

For example, a cat staring at a can of food (unconditioned stimulus) reacts differently to the sound of a can opener being struck on any surface (neutral stimulus). But if you condition a cat to believe that striking a can opener on any surface signals it will eat a can of food, the neutral stimulus becomes the conditioned stimulus.

Learn the difference between classical and operant conditioning here: brainly.com/question/17583598

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8 0

1 year ago

Bee Inc. is working on its cash budget for March. The budgeted beginning cash balance is $35,000. Budgeted cash receipts total $

son4ous [18]

Answer:

$10,500

Explanation:

Bee Inc.

Cash Budget for March

Budgeted Receipts $116,000

Les Budgeted Expenses ($110,000)

Net Cash $6,000

Add Budgeted Beginning Balance $35,000

Balance $41,000

Loan ($51,500 - $41,000) $10,500

therefore,

To attain its desired ending cash balance for March, the company needs to borrow $10,500

4 0

2 years ago