Answer:
$87.816
Explanation:
First you have to calculate the Oustanding receivables, that you can calculre with the next formula:
Oustanding receivables= Accounts recivable- Allowance for doubtful accounts
Oustanding receivables= 1.492.000 - 28.400
Oustanding receivables= 1.463.600
Now that you have the result have to multiply by the 6% to calculate the bad debt.
Bad debt = 1.463.600* 6%= $87.816
its the bad debt of Thompson Corporation's
Answer:
The answer to this question is given below in this explanation section.
Explanation:
"is advertising a overhead or operating expense"
operating expenses and selling general and administrative expenses are both types of costs involved in running a company a significant in determining its financial well being.While generally synonymous,they each can be listed separately on the corporate income statement.
Operating expense are the costs involved in running the day to day operations of a company they typically make up the majority of a company expenses. OPEX are not include in costs of goods involved in the production of a company goods and services.cogs include direct labors direct materials or raw materials and overhead cost of production facility.cost of goods sold is typically listed as a separate line item on the income statement.
operating expenses are the remaining costs that are not includes in cogs.Operating expenses can include:
- Rent
- utilities
- salaries/wages
- property taxes
- Business travel
Answer:
Debit cash $7800
Credit unearned revenue $7800
Explanation:
The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.
The corresponding credit entry of $7800 will be to the unearned revenue account since the revenue has not been earned. Revenue will be earned at the end of each month of the lease. This account will subsequently debited each time the revenue is earned i.e at the end of each lease month.
Answer:
directive behaviors
Explanation:
Path-goal theory is a theory developed on the concept of leadership.
It believes that when the leader that is the management follows a directive behavior that is it straight away provides guidance about the responsibility of the job, the nature of work to be done and the method of doing such job, then it automatically creates a aim and objective of the work done.
Directive behavior influences lower management about the technique of doing job early and that the work is done in the manner defined.
This itself aims at descriptive in nature, along with being directive.
