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Elenna [48]
2 years ago
10

under the direct write-off method of accounting for uncollectible accounts, bad debts expense is debited

Business
1 answer:
lana [24]2 years ago
3 0

Bad Debts Expense is debited  when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,

Bad Debts Expense refers to the portion of  account receivables that a firm has assumes not be recoverable from the debtor.

In conclusion, the Bad Debts Expense is debited  when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,

Read more about Bad Debts Expense

<em>brainly.com/question/25229686</em>

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The systematic risk principle states that the expected return on a risky asset depends only on the asset’s ___ risk.
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The systematic risk principle states that the expected return on a risky asset depends only on the asset’s <u>market </u>risk.

<h3>What are systematic risk principles?</h3>

According to the systemic risk concept, the expected return on an asset is solely determined by its systematic risk. As a result, regardless of how much overall risk an asset carries, just the systematic part is significant in estimating the expected return (including risk premium) on such asset.

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5 0
2 years ago
Carol Byrd gets a student rate of $30.00 a month. There is a $250 deductible; but no coinsurance payment. She recently received
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Carol Bryd pays $410

Explanation:

The total bill is $2300 and the deductible needs to be taken out.

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Company Payment.

Company Pays 80% which translates to 0.8

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Carol then pays the difference which is

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6 0
3 years ago
Bill Builder entered into a contract with Carl's Carpets to supply him with the carpeting he needed to complete the renovation o
pshichka [43]

Answer:

consequential damages

Explanation:

According to my research on different types of law suits, I can say that based on the information provided within the question Bill can recover the 900 he lost from Carl as consequential damages. These are damages have happened because of one party's failure to meet a certain deadline or contractual obligation and can be proven in court. Therefore since Bill can prove that he lost the 900 because of Carl's negligence he will most likely win that case.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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