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spin [16.1K]
3 years ago
11

When an account previously written off is collected in full, which is required to ensure the accounting for the complete payment

history of the customer?.
Business
1 answer:
Lyrx [107]3 years ago
4 0

When a bad debt is written off, the thing that should be fine is an entry to reinstate the account receivable and and entry to record payment.

<h3>What is a bad debt?</h3>

A bad debt simply means an uncollectible account expense that's unlikely to be paid by a debtor.

When an account previously written off is collected in full, to ensure the accounting for the complete payment history of the customer, it's important to reinstate the account receivable and and entry to record payment.

Learn more about bad debt on:

brainly.com/question/24871617

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You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5 com
kumpel [21]

Answer:

5.34 months

Explanation:

Pay back period calculates how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Payback period = amount invested / cash flows

$5000 / $ 935 = 5.34 months

I hope my answer helps you

7 0
3 years ago
Company XYZ uses labor hours to allocate its manufacturing overhead. The direct labor cost rate is $8 per direct labor hour. The
mote1985 [20]

Answer:

A

Explanation:

7 0
3 years ago
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Cynthia has been asked by her supervisor to give a presentation. The presentation will be a brief training for four new hires wh
valkas [14]

Cynthia has been asked by her supervisor to give a presentation. The presentation will be a brief training for four new hires who need to learn the : <u>Yes, because Cynthia will be able to use text, images, and media to help explain the company's safety protocols.</u>

<u></u>

Ask yourself what the presentation is all about, its title and its goal. Think about who your audience is. Figure out what your main message is. Think about the structure of the presentation: the opening, the main part and the summary.

There are two basic types of presentation (or oral reports) that you will likely be called upon to deliver during your educational career and beyond — informative presentations and persuasive presentations.If you have effective presentation skills, this means you are good at communicating. By speaking clearly, and getting your ideas and message across to people well, there will be less miscommunication in your life.

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8 0
2 years ago
Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
Gnoma [55]

Answer:

The answer is <em><u>C. 40 km^2</u></em>

<em><u>8km*5km = 40</u></em>

A = L*W

L = 8 km

W = 5 km

7 0
3 years ago
Over the past six months, you have watched as your parent's retirement savings have declined in value by 25 percent due to a sev
Yuliya22 [10]

Answer:

Myopic loss aversion

Explanation:

Loss Aversion is defined as the likelihood for individuals to strongly prefer making or avoiding losses over getting or acquiring gains.

Myopic loss aversion is simply defined as likelihood to look(focus) on avoiding short-term losses, even at the hands or expense of long-term gains. It is simply written as;

MLA = Loss aversion + mental accounting.

It is a kind of loss aversion that comprises mainly the idea that people do not see far enough into the future to invest in the right sense and as such life cycle hypothesis is forgotten or ignored.

6 0
3 years ago
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