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iragen [17]
3 years ago
8

A reduction in a provision for doubtful debts is recorded by

Business
1 answer:
Amiraneli [1.4K]3 years ago
7 0

Answer:

A business typically estimates the amount of bad debt based on historical experience

Explanation:

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Which of the following statements is FALSE?
soldi70 [24.7K]

Answer: The following statements is false: <u><em>Mutual aid and assistance arrangements and Memorandums of Understanding (MOUs) cannot be used for supplementing incident staff.</em></u>

The above statement is wrong since mutual aid, assistance arrangements and memorandums of understanding can be used for supplementing incident staff.

<u><em>Therefore, the correct option is (c).</em></u>

8 0
3 years ago
On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $81000 with an estimated 5-year l
Ahat [919]

Answer:

the depreciation expense for 2022 is $3,000

Explanation:

Straight line method of depreciation charges a fixed amount of depreciation over the period of use of an asset.

Depreciation Expense = (Cost - Residual Value) / Number of useful life

                                      =  ($81000 - $21000) / 5

                                      =  $12,000

The Annual depreciation charge for this machine will be $12,000 for each of the years that it is used in the business.

However since it was paced in use during the year that is 1 October, we have to apportion the Annual charge withe number of months that its has been in use during 2022.

It has been used for 3 months thus depreciation charge is :

Depreciation = 3/ 12 × $12,000

                      = $3,000

8 0
3 years ago
How does a bond issuer decide on the appropriate coupon rate to set on its bonds?
Novay_Z [31]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in th
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To help you not make that mistake again by giving you the help you need
7 0
3 years ago
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Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using what kind of pricing
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Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using a block pricing strategy.

A product is an object, system, or service provided to consumers on demand. That's all we can offer to the market to meet your wants and needs.

Item is for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at one price and sold at one price. Calculated prices vary by market, quality, marketing, and target segment.

Learn more about products here:brainly.com/question/25922327
#SPJ4

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2 years ago
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