Answer:
Record the cash collection on September 9
Bank $6,100 (debit)
Bad Debt $6,100 (credit)
Explanation:
<em>When Barnes writes off a customer account on May 7</em>
Bad Debts $6,100 (debit)
Account Receivable $6,100 (credit)
<em>When the customer unexpectedly pays the $6,100 balance on September 9</em>
Bank $6,100 (debit)
Bad Debt $6,100 (credit)
Recognise the Assets of Cash Flowing in the entity and De-recognise the Bad Debts expense account.
Answer and Explanation:
The mobile market is the most important way to of communication and it requires everyone in todays environment. this motivates the suppliers to use that as its base in order to re build another phone that is required by the market.
Answer:
Consumption is given.
Investment is also given.
Government spending is $6 billion.
GDP is $25 billion.
National Saving = GDP - Consumption - Government spending
Foreign lending = Savings - Investment
Absorption = Consumption + Investment + Government spending
Net Exports = GDP - Absorption
The relationship/ correlation between Net Exports and Foreign Lending is one that is <u>perfectly positive</u> as both measures are exactly the same.
Answer:
The answer is: A) True
Explanation:
The following are the guidelines the U.S. Equal Employment Opportunity Commission (US EEOC website) issue about requiring employees to speak only English at work.
<u>Speak English Only Rules</u>
The EEOC has stated that rules requiring employees to speak only English in the workplace violate the law unless the employer can show that they are justified by business necessity.
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A rule requiring employees to speak only English in the workplace at all times, including breaks and lunch time, will rarely be justified.
- An English-only rule should be limited to the circumstances in which it is needed for the employer to operate safely or efficiently.
- Circumstances in which an English-only rule may be justified include: communications with customers or coworkers who only speak English; emergencies or other situations in which workers must speak a common language to promote safety; cooperative work assignments in which the English-only rule is needed to promote efficiency.
- Even if there is a need for an English-only rule, an employer may not take disciplinary action against an employee for violating the rule unless the employer has notified workers about the rule and the consequences of violating it.
Answer:
It will reduce the amount of dividiends it can pay.
Explanation:
As there is an amount of the retained earnings that is restricted the company cannot use them to pay up neither stock or cash dividends in the future.
The retained earnings are used to pay dividends but also, are part of the equity of the firm thus the RE count to the capital structure of the company . Loans can be obtained with better rates if thecapital structure is more based on equiy than in liabilities thus, the board of directors is planning ahead the future plant exansion avoiding to use cash and deteriorate his capital structure to pay up dividends.