Answer:
Waco Travel Agency
Journal entry
Date Account and explanation Debit Credit
Dec 31 Bad debt expense (800,000 * 1%) $8,000
Allowance for uncollectible accounts $8,000
(To record uncollectible account expense)
Waco Travel Agency
Balance Sheet
<u><em>Current assets</em></u>
Account receivable $93,000
Less: Allowance for uncollectible account <u>($8,870) </u>---- ($8,000 + $870)
<u>$84,130</u>
Answer:
the inventory should be recorded at $8,500
Explanation:
As we know that according to GAAP, the inventory should be recorded at a cost or net realizable value whichever is lower
So as per the question
Historical cost is $12,000
And, the net realizable value is
= Expected selling price - expected selling cost
= $9,000 - $500
= $8,500
So, the lower cost is $8,500
Hence, the inventory should be recorded at $8,500
Jason appreciated that the director took time to conduct a realistic job preview.
<h3>
What is Realistic job preview?</h3>
- Realistic job preview (RJP) is a technique that businesses and organizations use to explain the positive and negative aspects of a work to potential new hires or to remind current employees of the responsibilities of their positions.
- Realistic job previews should give applicants a comprehensive overview of the duties they can anticipate carrying out when working for that particular business. Descriptions may cover the work atmosphere, goals, and company policies, among other things (rules, restrictions).
- The psychological contract between employer and employee, often known as the employee exchange, is at the core of realistic job previews.
To learn more about realistic job preview with the given link
brainly.com/question/14839721
#SPJ4
Question:
When Jason became one of three final candidates for a managerial position with a large pharmaceutical company, the director of the department scheduled a special meeting with him. There, the two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jason appreciated that the director took time to conduct a(n) __
Answer:
Net profit= $21200
Explanation:
Giving the following information we need to calculate the net profit or loss:
Revenues:
Fees for computer repairs $ 41,600
Fees for printer repairs 5,950
Total revenues= 47550
Expenses: (-)
Advertising expense 5,700
Salaries expense 18,500
Telephone expense 850
Utilities expense 1,300
Total expense= 26350 (-)
Net profit= 21200
Answer:
e) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results
Explanation:
The options are not given in the question
Kindly find the following options
b) Planning for team effectiveness; data gathering and analysis; establishment of team goals and objectives; implementing team goals; and evaluation of results
c) Establishing a team mission statement; team cohesiveness training; data gathering and analysis; actions to improve team functioning; and implementing team goals
d) Planning for team effectiveness; team goal setting; implementing team goals, evaluation of results; and reassessment of team goals
e) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results
Team building is a process of the grouping of two or more employees in order to accomplish the company goals and objectives. It helps to identify the problems while achieving the company goals. Moreover, it also helps in gathering the data for the benefit of the company so that the targets of the company could be met within the prescribed time. And, at last the results are also evaluated
It also motivates the employees in order to perform their task in a better way
Hence, option e is correct
