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Anni [7]
3 years ago
13

Under the allowance method, companies estimate _____ uncollectible amounts and report those estimates in the _____ year.Multiple

choice question.future; currentcurrent; futurefuture; futurecurrent; current
Business
1 answer:
babymother [125]3 years ago
3 0

Answer: current and future

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Davis sells Weber equipment under an arrangement whereby Davis delivers the equipment on January 1, 2021 and receives payment on
poizon [28]

Answer:

C. Debit to cash

D. Credit to notes receivable

Explanation:

When a company received money for previous sales, the following entry is required -

Debit Cash XXXX

Credit Accounts/Notes receivable XXXX

In that case, as Davis sold Weber equipment with an agreement of notes because of long-term payment, they treated the sale as a note receivable. Whenever the subsequent payment occurred, the entry to record the journal -

Debit to cash and Credit to notes receivable. Therefore, options C and D are both correct.

8 0
3 years ago
Which best describes an opportunity cost?
Masja [62]

Opportunity cost is concept used in economics. It denotes the benefit of something that must be given up to acquire or achieve something else. Because of this opportunity cost is used in the decision-making process. The following best describes an opportunity cost: decision giving up an opportunity to do something else when making an . Correct answer: B

5 0
3 years ago
Read 2 more answers
Schumpeterian growth focuses on:______. a. capital formation (i.e., more physical capital) as central to economic growth.b. argu
timurjin [86]

Answer:

Option D The role of technological innovation and entrepreneurs as central to economic growth.

Explanation:

The reason is that these generate value of the country's product due to its uniqueness and preferable services provision which means that the exports of the product will grow and the domestic sales will also grow if the product is innovative. Innovations brings the demand because nowadays the fight is not on the borders the fight among countries is generating heavy amount of reserves through increase in exports. And this growth in economy is only possible if the country's products are produced efficiently on the international market which is only possible if the innovation has decreased the cost of producing the products or the products produced are efficient.

3 0
3 years ago
When you develop a major component on an outline into subpoints, you must have at least two subpoints. a. True b. False
AleksAgata [21]
<h2>The given statement is true.</h2>

Explanation:

Points and sub points help the readers to,

  • Understand it clear
  • Better clarity
  • Reader-friendly

As per the given statement in the question, it is mandatory to have two or more points as sub points.

Reason:

We go for elaborating with sub points for the reason that

  • it needs more briefing in points
  • Need to talk variety of details
  • To convey depth of content in simple way
  • Depth indicates that the pointers will be more than 2 items

So if the pointers are lesser than two, then it is enough the content is delivered as a single statement than in points.

3 0
3 years ago
Can someone please help me ????????????
hoa [83]
It would be structural unemployment as the structure of the business is changing and modernising
6 0
3 years ago
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