Explanation:
The Journal Entry for 3 May is as shown below:-
Allowance for Doubtful Accounts Dr, $2,000
To Accounts Receivable A. Hopkins $2,000
(Being the write off is recorded)
Therefore for passing the journal entry we simply debited allowance for doubtful account and credited the accounts receivable)
Answer:
D) Finance/Administration
Explanation:
The major functions of the finance/administration section of the ICS are:
- Monitors costs related to the incident.
- Provides accounting, procurement, time recording, and cost analyses.
For example, paying for any expenses including food, gasoline, materials, etc.
The other sections are:
- Incident Command (incident commander)
- Operations section
- Planning section
- Logistics section
The head of an ICS section is called a chief, and each section is divided into divisions which are lead by a supervisor. Depending on the size of the incident, the section can be divided into groups, branches, task forces, strike teams and may even include single resources.
Answer:
Refer explanation...
Explanation:
A negative externality occurs when the production or consumption of a good or service creatives a negative impact on a third party. Hence, the social cost is higher than the private cost.
I have provided 4 examples of negative externalities below, although the requirement is 3 :)
A. Negative externalities in production:
1. When rainforests are cut down for animal rearing, it leads to an increase in CO2 in the atmosphere which can damage the ozone layer and cause global warming.
2. Using pesticides on vegetation protects them from insects, however it leads to harmful carcinogens to enter the environment and create pollution.
B. Negative externalities in consumption:
1. Consumption of cigarettes may deteriorate the health of those around, who are vulnerable to passive smoking.
2. Alcohol consumption develops drunk drivers who increase the risk of car accidents and social disorder.
Market failure occurs when the price mechanism fails to incorporate all the costs and benefits involved in the production or consumption of a particular good or service. The market fails by not being able to supply the socially optimum level of output of a good or a service. Hence there is an over-consumption of a good that creates negative externalities or under-consumption of a good that produces positive externalities.
Answer: Ending equity is $286,000
We have:
Beginning Equity (BE) = $265000
Net Income (NI) = $55000
Dividends (D) = $44000
Stockholder Investments (SI) = $10000
Answer:
d
Explanation:
by looking at the prices ,answer d is my estimated answer,im not a finance intern