Explanation:
Setting specific, measurable career development goals can help you get to the next level in your career. While developing a career plan can entail a significant amount of work, it will pay off in helping you to understand where you want to go with your career next and what you need to do to get there.
Creating and implementing an employee career development plan allows you to feel motivated at work, even if you haven’t found your dream job just yet, because it helps you to make concrete plans to get there.
Here, we define a career development plan template and outline five steps to easily and efficiently make an individual development plan for yourself.
Answer:
Inferior good
Explanation:
Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.
In short, the demand of the inferior goods is related inversely to the customer or person income.
So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.
Explanation:
The journal entries are shown below:
a. Bad debt expense A/c Dr $13,931
To Allowance for doubtful debts $13,931
(Being bad debt expense is recorded)
It is computed below:
= $421,300 × 4% - $2,921
= $13,931
b. a. Bad debt expense A/c Dr $17,722
To Allowance for doubtful debts $17,722
(Being bad debt expense is recorded)
It is computed below:
= $421,300 × 4% + $870
= $17,722
