Answer:
Consider the following explanations
Explanation:
1). Balance of allowance for uncollectible accounts on 12/31/2021 is $66,500.
2). Journal entry for adjusting the allowance for uncollectible account is :
Here we already have $22,000 credit balance in allowace for uncollectible account and hence adjusting entry is of $44,500 which makes the ending balance of allowace for uncollectible account to $66,500 credit.
3). Net account receivable balance on 12/31/2021:
Accounts receivables total = $520,000
Less: Allowance for uncollectible account = $66,500
Net Account Receivables = $453,500
If a firm has 50 employees at the point it applies for health coverage, it classifies as a small employer.
To be eligible for small business medical health insurance, an agency has to have between one and 50 employees. This is taken into consideration as a small commercial enterprise for purposes of purchasing organization medical health insurance. When you have extra than 50 employees, you will need to: observe for huge group insurance
Under the ACA, employers with 50 or greater full-time employees (or the equal in element-time personnel) ought to offer health insurance to 95% of their complete-time personnel or pay a penalty to the IRS. This penalty is pretty hefty—$3,860 in step with the worker in line with the year (in 2020).
The Affordable Care Act (ACA) is a comprehensive reform law, enacted in 2010, that will increase medical health insurance coverage for the uninsured and implements reforms to the medical health insurance market. This consists of many provisions which are constant with AMA coverage and holds the capacity for a higher health care system.
Learn more about the Affordable Care Act here brainly.com/question/26495011
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Answer:
Stocks
Explanation:
Stocks also referred or recognized as the equity or the shares, it is defined as the kind or form of the security which signifies the ownership that is proportionate while issuing to corporation or business.
The stock is entitles the stakeholders to the proportion of the assets and the earnings of the corporation, and these investments could be bought from online stock brokers.
So, the best assets for the long term investor in order to fend off the threats of taxes and inflation when making the money to grow is stocks.
Answer:
Equivalent units for the month = 18,720
Explanation:
Provided that
Opening units of work in process = 3,080 units
Which are 100% complete to materials as the materials are added fully initially.
Completed and transferred during the period = 19,400
Since not provided assumed these are added during the period, and includes opening work in process.
Closing Work in process = 2,400 units.
For the period equivalent units = During the month + Closing - Opening
= 19,400 + 2,400 - 3,080 = 18,720 units
Answer:
Decrease; demand for shampoo.
Explanation:
If the price of a product increases, suppliers are willing to offer more quantities of the product but customers are less willing to buy it. So, if the price of the shampoo increases, customers will buy less quantities which means that the demand decreases.
