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kolezko [41]
2 years ago
14

Under the allowance method for estimating uncollectible accounts, the entry to write off an account:

Business
2 answers:
Effectus [21]2 years ago
7 0

\huge\red{answer}

DEBIT TO ALLOWANCE for Doubtful Accounts and a credit to Accounts Receivable.

===========================================

When a specific customer's account is identified as uncollectible, it is written off against the balance in the allowance for bad debts account.

HOPE IT HELP

STAY SAFE

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tekilochka [14]2 years ago
3 0

\large\rm\color{Brown}Answer:

Debit to allowance for Doubtful Accounts and a credit to Accounts Receivable.

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Each of the following transactions appear on the statement of cash​ flows, EXCEPT: A. depreciating longinus lived assets. B. acq
KiRa [710]

Answer:

C. disposing of long minus lived assets for non cash proceeds

Explanation:

As we know that

Cash flow statement deals with the cash inflow and cash outflow of cash payments which increase or decrease the cash balance.

In another words, the inflow of cash increases the cash balance whereas the outflow of cash is decreases the cash balance

It includes operating activities, investing activities, and the financing activities.

Since all the given options includes the cash transactions except c.

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2 years ago
Digital photography replacing film photography would be an example of a(n) _____. Group of answer choices radical innovation reg
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Answer:

disruptive innovation.

Explanation:

A disruptive innovation can be defined as an innovation that typically creates a new market for a product by displacing or removing an existing product from the market.

Digital photography replacing film photography would be an example of a disruptive innovation.

4 0
2 years ago
1. Which of the following is NOT a general characteristic of a service? A. Production and consumption are simultaneous. B. The s
Snezhnost [94]

Answer:

B. The service can be transported

Explanation:

Service relates to providing an intangible form of work which is performed for others to yield a benefit or satisfy a want. An important aspect of a service being, it is intangible or something which cannot be touched or felt.

For example, service provided by a doctor or services provided by a waiter at a hotel. Services are consumed, the moment they are produced. For instance, services of a waiter arise when a customer enters the hotel and a want for the service is created.

Services cannot be resold as for instance the receiver performs the same service to another, the provider would change.

As services are intangible, they cannot be stored since they arise only when a want arises and are consumed immediately.

Thus, the correct option is B. The service can be transported.

5 0
3 years ago
Nate is going to the grocery store to pick up a few things. he decides not to write a list and instead repeats the eight items h
Vilka [71]

Rehearsal.

Behavior rehearsal is a technique where thoughts, actions, or words are practiced before needing to put them into practice.

5 0
3 years ago
Assume the price elasticity of demand (Ed) is 0.4 for gasoline in the long run. Some argue that we need a 50% reduction in gasol
dybincka [34]

Answer:

125%

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Let x = percentage change in price

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x = 125

7 0
3 years ago
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