Energy Transmission, Energy Distribution, Energy Conversion, and Energy Analysis.
The direct write off does not report about the bad debt and does not use the allowance where as the allowance method uses the allowance for doubtful accounts because it provides an estimate for the same.
<u>Explanation:</u>
The allowance method speaks to the accumulation and accrual basis of bookkeeping and is the acknowledged technique to record uncollectible records for monetary bookkeeping purposes. The direct write off method is utilized just when we choose a client won't pay.
The allowance method utilizes the stipend for doubtful records to catch amassed assessments of awful obligations. The direct write-off method does not report bad debt estimates; therefore, it does not use the allowance for doubtful accounts when reporting bad debts.
Answer:
D.
Explanation:
The process by which members of an organization choose a specific course of action to respond to both problems and opportunities.
Characteristics:
-number of alternatives
-information available to the option
-timeframe relatively long
-uncertainty
Phases for decision making:
-acquiring and perceiving info or cues for the decision
-generating and selecting hypotheses or situation assessments
Answer:
See below
Explanation:
Computation of Lola's Corp adjusted cash book balance at February 28, 2017
Lola Corp's book balance
$35,900
Add:
Interest earned on checking account
$75
Less:.
Customer's NSF check returned by the the bank
$325
Add:
Error in recording customer's check
($110 - $101)
$9
Adjusted cash balance
$35,659
Therefore, Lola Corp's adjusted cash book balance as at February 28, 2017 is $35,659
