To record the write-off of receivables:
Allowance for doubtful accounts ----------------------------$24,000
Accounts Receivable -----------------------------------------------$24,000
To record the accounts receivable collected from the written-off receivable, first restore the accounts receivable with the following entry:
Accounts Receivable ------------------------------------------$1,900
Allowance for doubtful accounts ------------------------------$1,900
To record the collection of accounts receivable:
Cash -----------------------------------------------------------------$1,900
Accounts Receivable ----------------------------------------------$1,900
Or, the direct journal entry to record the collection of previously written-off accounts receivable is:
Cash ---------------------------------------------------------------$1,900
Allowance for doubtful accounts ------------------------------$1,900
Answer: C) a tend-and-befriend strategy.
Explanation:
The Tend and Befriend strategy is a relatively new theory that tries to explain another way humans respond to stress.
Recent studies have shown that women are the main proponents of this theory because while men would rather prefer a 'Fight or Flight' approach, women can reduce stress faster when going by this theory as they are more likely to nurture and tend to their offspring as well as rely on their close ones as a support system who they can lean on in hard times.
Debra was stressed by her job and went to talk to her friend about it. It could be said therefore that Debra's friend is her support system. Also notice how Debra is now laughing which shows a reduction in stress has talen place thereby confirm this theory.
Answer:
The correct answer is $907.76.
Explanation:
According to the scenario, computation of the given data are as follow:-
1¥ = 82.54$
1£ = 132.03¥
Convert pounds to us dollars= £ ÷ $ = £132.03 ÷ $82.54
= 1.60$ ÷ £
Mean, 1£ = 1.6$
She has £567.35 .
After converting the pound into the dollar, she will receive = £567.35 × $1.60
= $907.76
Hence, she receive $907.76 if she sells the pounds.
Answer:
a restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private.
Explanation:
A leverage means taking a loan to consummate a deal. So a leveraged buyout is when an entity takes a loan in order to buy all the assets of a firm and take it private.
Leveraged buyout is practices by parties that do not have enough funds to purchase a company, but they see a high return of Investments over time.
So they take a loan to buyout the company in the hope that returns will eventually cover the loan taken
Answer:
An assembly line worker with 10 years of screwing together truck panels and a high school diploma
Explanation:
The assembly worker is involved in manual work and he is most likely to lose his job due to automation. Also, since he is just a high school diploma holder, he lacks better skills to switch to higher level jobs.
