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larisa [96]
2 years ago
5

Information you might study in a particular class is called (blank)

Business
2 answers:
Maksim231197 [3]2 years ago
8 0

Answer:

Information you might study in a particular class is called curriculum

Blizzard [7]2 years ago
7 0

Answer:

curriculum is the correct answer right no

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Pincus Associates uses the allowance method to account for bad debts. During 2021, its first year of operations, Pincus provided
Gemiola [76]

Answer:

What journal entry did Pincus record to write off uncollectible accounts during 2021

Dr Allowance for Uncollectible Accounts $ 6,300

Cr Accounts receivable $ 6,300

What journal entry did Pincus record to recognize bad debt expense for 2021?

Dr Bad Debt Expense $ 8,040

Cr Allowance for Uncollectible Accounts $ 8,040

Explanation:

Pincus provided a total of $156,000 of services on account.  

Dr Accounts receivable $ 156,000

Cr Sales $ 156,000

In 2021, the company wrote off uncollectible accounts of $6,300  

Dr Allowance for Uncollectible Accounts $ 6,300

Cr Accounts receivable $ 6,300

By the end of 2021, cash collections on accounts receivable totaled $132,300.  

Dr Cash $ 132,300

Cr Accounts receivable $ 132,300

Balances on Accounts 31.12.2012 before adjustment  

Accounts receivable CREDIT $ 17,400

Allowance for Uncollectible Accounts DEBIT $ 6,300

Pincus estimates that 10% of the accounts receivable balance at 12/31/2021 will prove uncollectible.  

Dr Bad Debt Expense $ 8,040

Cr Allowance for Uncollectible Accounts $ 8,040

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the % of estimated value.

Because the company already has a DEBIT balance ($6,300) in the Allowance for Doubtful Accounts  it's necessary to register an entry that COMPLEMENT ($8,040) the existing value and reflect the value estimated as bad debts ($1,740).

Bad Debt Expense = $8,040 - $6,300 = $1,740

It's necessary to reflect $1,740 in the Allowance for Uncollectible Accounts as Credit, so we need an entry of $8,040.

7 0
3 years ago
Bela is a marketing and sales employee at Hopscotch Foods Inc. She has invented a new way to process and pack the company's food
liubo4ka [24]

Answer:

An intrapreneur

Explanation:

An intrapreneur is an employee who is granted the permission to make a new commodity without having to be worried if the product will actually become a source of profit for the company. Unlike an entrepreneur, who encounters personal risk when a product fails to yield profit , an intrepreneur will continue to receive a salary even if the product does not make it to production.

However, an intrapreneur has full access to the resources and capabilities of the organisation.

6 0
2 years ago
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Macroeconomics studies all of the following EXCEPT which one?
KatRina [158]
D. why a specific consumer made a specific choice
6 0
3 years ago
Flightline, the 4-year-old colt, was the talk of breeders’ cup weekend. How much is the horse, undefeated in six career starts,
Sindrei [870]

Flightline. The Breeders' Cup weekend was all about the 4-year-old colt. The horse won the Breeders' Cup Classic by 814 lengths after going undefeated in six career starts. Flightline was valued at $184 million after owners sold a 2.5% stake in the horse for $4.6 million.

What is Horse Race?

Horse racing, the sport of racing horses at high speeds, primarily Thoroughbreds with a rider astride or Standardbreds pulling a conveyance with a driver.

These two types of racing are known as flat racing and harness racing, respectively.

The article quarter-horse racing describes racing on the flat with horses other than Thoroughbreds.

Horse racing is one of the oldest sports, and its basic concept has changed little over the centuries. It evolved from a simple contest of speed or stamina between two horses to a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and enormous sums of money, but its fundamental feature has always remained the same: the horse that finishes first wins.

To learn more on Horse Race from the link:

brainly.com/question/21410695

#SPJ4

3 0
1 year ago
A contract that gives the buyer title to goods and the opportunity to return them to the seller at a later time is a:
Vitek1552 [10]
A contract that gives the buyer title to goods and the opportunity to return them to the seller at a later time is a<span> contract for sale with the right of return.</span>
8 0
3 years ago
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