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Leviafan [203]
3 years ago
9

________ is shown on a multiple-step but not on a single-step income statement.

Business
1 answer:
puteri [66]3 years ago
6 0

Answer:

Cost of goods sold.

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If goods are sold on terms fob shipping point, the ________.
dsp73
<span>Buyer normally pays the transportation costs</span>
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4 years ago
Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti
gogolik [260]

Answer:

The correct answer is $4,500.

Explanation:

According to the scenario, the given data are as follows:

Uncollectible Account receivable = $5,000

Account receivable balance = $100,000

Allowance for Doubtful Accounts = $500

Credit sales = $150,000

So, we can calculate the bad debt expense by using following formula:

Bad debt expense = Uncollectible Account receivable - Allowance for Doubtful Accounts

by putting the value, we get

Bad debt expense = $5,000 - $500

= $4,500.

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3 years ago
What account earns the most interest
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Answer:

A bank account

Explanation:

because your money is kept safe

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3 years ago
How do sales skimming schemes leave a victim organization's books in balance, - despite the theft of funds?
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3 0
3 years ago
Question 18 :Project managers must balance three elements that compose the project triangle. You are a project manager who is ha
denpristay [2]

Answer: The project scope will increase

Explanation:

From the question, we are informed that there is a project manager who is halfway through a project and then his customer contacts him to say that he has been authorized to provide additional funds for the project.

This will most likely increase the project scope. The project scope simply means the work that is needed to be done in order for a particular project to be accomplished. Due to the increase in funds, it means that more work will be expected.

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