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3 years ago

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

Business

2 answers:

Effectus [21]3 years ago

7 0

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

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

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tekilochka [14]3 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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When Home Movies Inc. opened stores in other countries, it increased the company's international market share. Home Movies took

olga55 [171]

Answer:

<h2>In this instance,Home Movies Inc. took advantage of market expansion opportunity to enhance market share.Hence,the correct answer is market expansion.</h2>

Explanation:

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What is a normal good? a. A good whose demand increases when income decreases b. A good whose demand decreases when income

4vir4ik [10]

Answer:

. A good whose demand decreases when income decreases

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A normal good is a product whose demand increases as consumers' income increases. The demand may also increase as economic conditions in the country improve. Similarly, when income decrease, the demand also declines.

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ahrayia [7]

Answer:

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Explanation:

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<u>First, we need to calculate the contribution margin per unit:</u>

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