Answer:
$90,000
Explanation:
Given data
Net credit sales = $6,000,000
The estimated bad debt percentage is 1.50%
Credit balance in allowance for uncollectible accounts = $42,000
Adjusted balance = $40,000
The computation of the bad debt expense is shown below:
= Net credit sales × estimated bad debt percentage
= $6,000,000 × 1.50%
= $90,000
By multiplying the net credit sales with the estimated bad debt percentage we get the bad debt expense and the same is applied in the above calculation
Answer:
- B. Thank you for your letter regarding your CRB2 home entertainment center.
- D. You are invited to take advantage of our professional development workshops.
Explanation:
The ''you'' view refers to a style of writing where the sender intends to make sure that the focus is on the person receiving the correspondence.
By using the ''you'' view, the receiver becomes the subject of the correspondence such that the text and its contents and are directed at the receiver.
The correct options would be B and D because the options were directed strictly to the receiver and no one else.
Answer:
The given statement is True
Explanation:
A firm can easily raise its capital either by retaining funds of profits or by receiving funds from the outer market and then such collected funds are invested by firms in the various projects which are capital projects. The risk factor in both may vary that is in divisions and the different projects that are within the divisions. Thus, conceptually it is correct
Answer:
You forgot to add the screen shot!
Explanation:
Hope this helps!
$30 is consumer surplus
I am assuming your typo is actually $33
