Answer:
The journal entry is shown below:
Explanation:
The journal entry for writing off the amount through using the Allowance Method is as:
Allowance for Bad debts A/c.............................Dr $300
Accounts Receivable A/c...........................Cr $300
While writing off the amount of bad debt, the allowance for bad debts account is debited against the accounts receivable account.
The journal entry which is to be recorded for reversing the write off through using the Allowance Method:
Accounts Receivable A/c...........................Dr $300
Allowance for Bad debts A/c......................Cr $300
So, for reversing the original entry would be reversed, which means the accounts receivable account is debited as the payment is received and the bad debts got decrease, which means the allowance for Bad debts is credited.
Answer:
Explanation:
to influence people's lives
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to work independently without much interaction
Controlling is what involves measuring organizational performance and making adjustments as needed. Hope this helps, good luck.
Answer:
30%
Explanation:
What is the percentage of improvement for a client who has a baseline 10RM of 50 lb (22.7 kg) on the bench press and improves to 65 lb (29.5 kg) at her follow-up test session 3 months later.
<em>Percentage improvement is given by the following steps:</em>
<em>First: work out the difference (increase) between the two numbers you are comparing. Then: divide the increase by the original number and multiply the answer by 100. % increase = Increase ÷ Original Number × 100. </em>
Therefore percentage improvement = [(65 lb - 50 lb) / 50 lb] x 100 = 30%
Options
alternatives available are listed below. Which security would enable the highest level of risk diversification? a. 0.0
b. 0.25
c. -0.25
d. -0.75
e. 1.0
Answer:
d. -0.75
Explanation:
In management of risk, diversification is a tool that combines a wide variety of investments within a portfolio.
The least negative security provides the highest level of risk diversification.
In this case, it's -0.75
Diversification spreads risks across various investments, the goal being to increase your odds of investment success and thereby, reducing the risk of loss, i.e. when the ROI on one investment is poor over a certain period, the ROI on others may perform better over that same period.