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2 years ago

Chipman Sofware recently reported the following amounts in its unadjusted trial balance at its year-end:

Business

1 answer:

gregori [183]2 years ago

4 0

Answer:

What is allowance for doubtful debt?

This represents management's estimate of the amount of accounts receivable that will not be paid by customers. They are amount owed by debtors, whose likelihood of collection is not certain.

1 Bad debts expense Dr ($18,000 × 0.25%) $45

To Allowance for Doubtful Accounts $45

(Being the bad debt expense is recorded)

2. Bad debts expense $45

($72 - $27)

To Allowance for Doubtful Accounts $45

(Being the bad debt expense is recorded)

3 Bad debts expense $105

($72 + $33)

To Allowance for Doubtful Accounts $105

(Being the bad debt expense is recorded)

4 Allowance for Doubtful Accounts $15

To Accounts Receivable $15

(Being the allowance for doubtful accounts is recorded)

Learn more about allowance for doubtful debts here : brainly.com/question/25687295

Explanation:

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The Freed Corporation produces three products, X, Y, Z, from a single raw material input. Product Y can be sold at the split-off

dexar [7]

Answer:

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

Explanation:

Giving the following information:

Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000.

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

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3 years ago

Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an

Nezavi [6.7K]

Answer: Corporate charter

Explanation:

The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.

When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.

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3 years ago

Read 2 more answers

alachi is a manager at a home goods store. he subscribes to theory x. in managing his employees, he is most likely to

RideAnS [48]

Alachi is a manager at a home goods store. he subscribes to theory x. in managing his employees, he is most likely to assume the average worker prefers to be directed.

<h3>What is Management Style?</h3>

There are many management styles and it depends on the mind mindset off employer or manager, a manager with theory X assumes that the employees does not like to work and there needs to be directed, they can only be motivated with salary. While the manager theory Y assumes that the employees like their job and are responsible for the work they do, they need some guidance but are responsible for the work, they can be motivated with appraisals, appreciations and more rewards.

Alachi as a manager is a theory X manager and assumes that the workers prefers to be directed and therefore he would delegate the task and provide the complete guidance to them.

Learn more about Management style at brainly.com/question/27207232

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1 year ago

what you would do if, in an interview for a merit position, you were asked your political party affiliation. What would you do i

Igoryamba

Answer:

1. Political affiliation is a right for any human being then you should show the command of the position you are applying to instead of agreement to political views.

2. That is information that is detailed in your Curriculum Vitae.

3. You could state that you are not any under obligation to disclaim your political party affiliation.

4. As the objective is to select the candidate that fits the challenges of the position but nobody is ever a perfect match for a job as interest such as salary, schedule, are open to negotiation

Explanation:

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3 years ago

Pepsi uses advertising to create the impression that Pepsi is superior to any other soft drink. Pepsi is attempting to:_________

ratelena [41]

Answer:

The correct answer is the option B: Differentiate Pepsi from other types of soft drinks.

Explanation:

To begin with, the fact that the company is using the advertising as its major weapon when it comes to atract consumers and increase the number of sales then they are trying so desperetely to differentiate its brand from the other ones of the competitors and they do it by showing in their advertisements that they are superior to any other. And that strategy, the one of using the marketing campaing as a primary source of getting to the consumers, is in order to achieve a more high look from the point view of the consumers so they put their brand in a higher level regarding the competitors' brands.

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3 years ago