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Verizon [17]
3 years ago
10

Primrose Company uses the allowance method of accounting for uncollectible accounts. Primrose estimates that 3% of credit sales

will be uncollectible. On January 1, the Allowance for Doubtful Accounts had a credit balance of $2,400. During the year, Primrose wrote off accounts receivable totaling $1,800 and made credit sales of $100,000. After the adjusting entry, the December 31 balance in Allowance for Doubtful Accounts will be: _________
Business
1 answer:
kondor19780726 [428]3 years ago
4 0

Answer:

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Briefly explain whether each of the following is primarily a microeconomic issue or a macroeconomic issue.
BigorU [14]

Answer: Micro; Macro; Macro; Micro.

Explanation:

Economics is divided into two main segments which are microeconomics and macroeconomics. It should be noted that microeconomics deals with study of individuals and the firms while macroeconomics studies the while economy and looks at decisions that are made by governments and countries.

a. The effect of higher cigarette taxes on the quantity of cigarettes sold.

This is a microeconomic issue as one entity is being discussed which is cigarette and the issue is related to just one particular industry.

b. The effect of higher income taxes on the total amount of consumer spending.

This is a macroeconomic issue as taxes affects the whole economy. The whole nation is affected by this decision.

c. The reasons for the economies of East Asian countries growing faster than the economies of sub-Saharan African countries.

This is a macroeconomic issue as it relates to different countries.

d. The reasons for low rates of profit in the airline industry.

This is a microeconomic issue as the issue affects just the airline industry.

5 0
4 years ago
In order to obtain a job you may have to go through the typical sequence of interviews, which includes
Scrat [10]
Hello,

The answer to this question is B. preliminary screening stage, selection stage, and review stage.
8 0
3 years ago
Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. the fee that the stockbroker charges
Varvara68 [4.7K]

Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. The fee that the stockbroker charges for this service is called Commission. Hence, option D is correct.

<h3>Who is stockbroker?</h3>

Stockbroker is the person who execute the shares and invest in them on the behalf of their clients. Stockbroker has certain knowledge about the trading of shares, so using their ability of understanding the stock market.

Many of the stockbroker works for the firm or company and handle their customer's accounts and do tradings.

Thus, option D is correct.

For more details about Stockbroker, click here:

brainly.com/question/110788

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a. Dividend

b. Yield

c. Net Proceeds

d. Commission

6 0
2 years ago
Suppose the government increases spending to fund tuition assistance for qualified college students. automatic stabilizers will
KIM [24]

Suppose the government increases spending to fund tuition assistance for qualified college students. automatic stabilizers will increse the expansionary effect of the increase in aggregate demand.

A government is a system or group of people that governs an organized community (usually a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.

Your government is the system of people, laws and officials that define and control the country in which you live. For example, the US government is a representative democracy with her three branches.

Government is necessary to maintain law and order. Laws are necessary for society to function. Life in a society without laws is dangerous and unpredictable.

Learn more about government here:brainly.com/question/1078669

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4 0
2 years ago
Although most alexandria staff are voracious readers, no one has read all of the books sold by alexandria and most know some are
velikii [3]

Answer:

A hyper-social knowledge management.

Explanation:

Hyper-social knowledge platforms apply the concepts of social media to information databases. So employees could comment, share, and add to post with important information that they know to help out employees who don't know as much about that subject.

3 0
3 years ago
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