During the period, bad debts are written off in the amount of $14,500. Journal entry of the given transaction will be as follows.
Bad debt account will be debited and debtors account will be credited by $14500.
One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.
Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.
Learn more about bad debts here
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Answer: assessed as a percentage of the imported product's value levied on specific imported and exported products
Explanation: In simple words, tariffs which are ad valorem are valued on the basis of the transaction value of the goods and services that are to be imported or exported.
This strategy is implemented when the country wants to decrease its export deficit by placing high tariffs on imported goods which are of low value to the economy.
Answer:
Step 1: Identify the decision. You realize that you need to make a decision. ...
Step 2: Gather relevant information. ...
Step 3: Identify the alternatives. ...
7 STEPS TO EFFECTIVE.
Step 4: Weigh the evidence. ...
Step 5: Choose among alternatives. ...
Step 6: Take action. ...
Step 7: Review your decision & its consequences.
The correct answer should be fewer employment opportunities. If it's declining then that means that it doesn't need new people to develop it which means there's fewer opportunities.
The statement-Please join us by making a reservation for the upcoming Lunch & Learn program presented by Keri Harper, a nutritionist with Nutrition 4 Life. You’re going to love the freebies. The topic is "Surviving in the Fast Food Lane." <u> is the most effective statement</u>
Explanation:
- <u>The above statement first of all presents a request to the interested candidate to come down for Lunch & Learn program.</u>
- <u>The person who is hosting the program is clearly mentioned.(i.e Keri Harper)</u>
- <u>Also an offer to attract the audience is also made by stating that "You’re going to love the freebies. "</u>
- <u>Then finally the topic of the program is communicated</u>
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<u>so among the given options the most appropiaet form of extending an invitation to the interested participant is extended by this statement-</u>Please join us by making a reservation for the upcoming Lunch & Learn program presented by Keri Harper, a nutritionist with Nutrition 4 Life. You’re going to love the freebies. The topic is "Surviving in the Fast Food Lane." <u> is the most effective statement</u>