Answer:
B) the allowance account and estimates are used.
Explanation:
When a company uses the allowance method, it will record an adjusting entry for the losses it anticipates from bad credits given to customers. The bad debts expense account is debited and the allowance for doubtful accounts (contra asset) is credited. Then as time passes and the amount of bad debts is exactly determined, another adjusting entry is necessary depending whether the estimate was correct or not, or if it was under or over estimated.
There are numerous reasons why it is a good idea to know the engine size of a vehicle. The size of an engine will let a driver know the horespower that the car has. It will also let the person know how much fluids are needed in the car such as oil, transmission fluid, radiator fluid, etc. The size of the engine is also needed when a person goes to buy a battery for the car. The size of the engine is also needed when you go and buy parts for the car.
Answer:
Indian rupee in US dollars = $418
Explanation:
given data
India GDP = 23,000 billion
exchange rate = 50 rupees per US
population = 1.1 billion
solution
we get here GDP per capita as
GDP per capita = India GDP ÷ population
GDP per capita =
GDP per capita = 20909 rupees
so here we Convert Indian rupee in US dollars that is with exchange rate
Indian rupee in US dollars = GDP per capita ÷ exchange rate
Indian rupee in US dollars =
Indian rupee in US dollars = $418
The scenario between Mandi and the car dealer is simply known as a assumptive close.
<h3>What is a assumptive close?</h3>
An assumptive close simply means when one assumes that a customer plans to buy a product and then encourages the person to do so.
In this case, the car dealer simply encouraged Mandi to purchase the car. This illustrates an assumptive close.
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An initial price of $one hundred. years later the charge is $132.The ghi's geometric implies a rate of return ($132/$a hundred)^half of - 1 = 14.89%.
A rate of return (RoR) is the net advantage or lack of funding over a distinctive time period, expressed as a percent of the funding's preliminary cost. 1 while calculating the rate of return, you're figuring out the proportion trade from the beginning of the length till the stop.
The yearly fee for the rate of return is the share change within the cost of funding. for example: if you count on you earn a ten% annual charge for going back, then you are assuming that the price of your investment will grow with the aid of 10% every yr.
For instance, if funding is well worth $70 at the give up of the 12 months and turned into bought for $60 at the beginning of the yr, the annual rate of return could be sixteen. sixty six%.
ROI is calculated by subtracting the initial cost of the funding from its final price, then dividing this new variety by way of the cost of the investment, and, sooner or later, multiplying it with the aid of one hundred. The price of return is calculated as follows: (the funding's modern cost – its initial value) divided via the preliminary value; all times one hundred. Multiplying the outcome enables to the expression of the outcome of the system as a percentage.
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