The fact that Orlando wants to become a certified public accountant means that the career cluster he is in is C. Finance.
<h3>What career cluster is accounting?</h3>
A career in accounting is found in the finance career cluster which deals with other subjects that have to do with financial services.
Apart from accounting, the finance cluster would include things like investment banking, banking, and credit analysis.
Find out more on career clusters at brainly.com/question/24613213.
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The amount of uncollectible accounts expense recognized on the Year 2 income statement is $1,830.
Explanation:
- On January 1, Year 2, Grande Company had balance = $69,600 in the Accounts Receivable account
- Grande provided services = $183,000
- The Allowance for Doubtful Accounts account = $2,600
- The company collected cash from accounts receivable = $215,500
- Uncollectible accounts are estimated to be = 1% of sales on account
- Thus, following calculation gives the desired result,
- Multiply amount of Grande services with 1% sales on account.
- i.e : $183,000 sales on account × 1% = $1,830
- So, the amount of uncollectible accounts expense is $1,830 as the income statement for the 2nd year.
- The reserves are recorded when, the uncollectible accounts expense are debited and credit the allowance for the uncollectible accounts.
- There are many reasons for the uncollectible accounts such as,
- the debtor's bankruptcy,
- the inability to get the debtor,
- fraud, etc
Answer:
yes portion of your health insurance is paid by your employer
Answer:
Explanation:
Marginal propensity to consume (MPC) = Change in consumer spending / Change in disposable income.
= (380 - 180) / (350 - 100)
= 200 / 250
= 0.80
Marginal propensity to save (MPS) = 1 - Marginal propensity to consume (MPC) = 1 - 0.80 = 0.20
Autonomous consumption (A) = Consumption spending (C) - Marginal propensity to consume * Disposable income.
= 180 Million - 0.80 * 100 Million
= 180 Million - 80 Million
= $ 100 Million.
Aggregate consumption function = 100 Million + 0.8 * YD
YD - disposable income
Answer:
Justification/ Recommendation Report
Explanation:
Since you have conducted the research and you have been given the power to determine a new provider, a recommendation or justification report is the best report to write in this situation. This is because you have found the new provider worthy by the standards of your research and it has plans that suit your company the most, you will therfore have to write a report recommending that new provider and also give reason as to why you are recommending that provider(justification).
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