Answer:
Bad Debts Expense $ 700 Debit.
Allowance for Doubtful Accounts $ 700 Credit
Explanation:
Sales $600,000
Uncollectible accounts expense is estimated at 2% of sales
Uncollectible accounts expense= $ 600,000 * 2%= $ 1200
Unadjusted Balance = $ 500 Credit
Estimated Balance = $ 1200 Credit
Required Adjustment $ 700 Credit
Adjusting Entry to record the provision for doubtful accounts is
Bad Debts Expense $ 700 Debit.
Allowance for Doubtful Accounts $ 700 Credit
Answer:
The answer is True
Explanation:
Yes, It is not true that the sense of urgency with respect to entrepreneurship tends to increase in European countries and other places where unemployment benefits and other social services are well established and pay high rates.
This is because:
- Unemployment benefit is paid to people who have recently lost their job via no fault of their own.
- An established benefits and other social services puts stringent checks in place to screen beneficiaries.
Since it is seemingly difficult to access these benefits, the best option for sustained economic power is entrepreneurship.
Answer: $528 favorable
Explanation:
The Spending variance for supplies shoes the difference between what the company thought it would spend on supplies and what it actually spends.
Spending variance on supplies = Actual costs - Budgeted costs
Budgeted cost:
= 968 + 8 * 470 frames
= 968 + 3,760
= $4,728
Spending variance on supplies:
= 4,200 - 4,728
= $528 favorable
<em>Variance is favorable when the Budgeted costs are higher than actual costs. </em>
The term trompe l'oeil refer to work that misleads or deceives someone.
Answer:
The correct answer is c. 80%
Explanation:
How to calculate the quality of fill.
Quality of fill= (Job Performance + acceptable time frame + Engagement score)/N
Job Performance we use it en percentage , so is 80% (4.0/5.0)
Engagement score is the percentage of new hires retained after one year
Replacing,
Quality of fill= 0.8+0.7+0.9 /3= 0.8
