Answer:
Debit Allowance for Doubtful Accounts $2,300; credit Accounts Receivable $2,300
Explanation:
The journal entry is shown below:
Allowance for Doubtful Accounts A/c Dr $2,300
To Accounts Receivable A/c $2,300
(Being the written-off amount is recorded)
Since we have to record this journal entry so we debited the Allowance for Doubtful Accounts A/c and credited the account receivable account so that the correct posting can be done.
Answer:
determine cash investing and financing transactions made during the period.
Explanation:
When you analyze the statement of cash flows, you can determine and predict how will operating cash flows be in the future. E.g. a project is generating high amounts of cash, so you can predict that it will continue to do so for some time. But what you cannot predict or even compare is related to the financial and investing transactions that the company will make in the future. E.g. by analyzing a cash flow you cannot know if the company will decide to invest in other projects or will it decide to issue more stocks.
Rent expense, land purchased, utility, salary expense, accounts payable, dividend, salaries, insurance---that is your expense for the year. Look at your income is Retained earning, accounts receivable, service revenue, common stock. Add all the expense and subtract from earning that will be your net income.
International marketing involves developing and performing marketing activities across national boundaries.
<h3>What is
marketing?</h3>
Marketing is the process of discovering, developing, and delivering value to satisfy the needs of a target market in terms of goods and services; this may involve choosing a target audience, operating advertising campaigns, participating in trade shows and public events, designing products and packaging that appeal to consumers, and defining the terms of sale, such as the price, discounts, warranty, and return policy.
The seller, who is often a retailer or manufacturer, is responsible for marketing. Tasks are occasionally contracted
To learn more about marketing from the given link:
brainly.com/question/13414268
#SPJ4
Answer:
A) $424,000
Explanation:
Madison Corporation's current earnings and profits for 20x3 would be:
reported taxable income - accrued federal income taxes + regular depreciation - E&P depreciation + net capital loss carryover =
$400,000 - $136,000 + $200,000 - $60,000 + $20,000 = $424,000