Answer:
The correct answer is letter "A": Uncollectible accounts are not anticipated or immaterial.
Explanation:
Direct write-off is a method used to record debts from credit sales. An allowance account is not used with this method but an account receivable directly written-off for the outstanding amount once it is determined to be uncollectible. This method is used for tax-reporting purposes.
Answer:
generativity versus stagnation
Explanation:
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Options :
A. utilize their own aircraft.
B. have extensive ground networks.
C. have accurate, real-time tracking systems
D. all of the above
Answer:
D
Answer:
The correct answer is letter "A": With employer-sponsored health insurance, your employer will pay a part of the bill for you and the benefits will not be taxed.
Explanation:
The greatest advantage of employer-sponsored health insurance relies on the fact that a portion of the premium is paid by the employer and the other proportion is paid by the worker -usually 50% is paid by each party. Besides, those premiums are federally tax-free.
Answer:
The correct option is A,debit salaries expense $9,900.00 and credit salaries payable $9,900.00
Explanation:
As at 31st December, which was a Wednesday, the company would have incurred salaries for three days i.e Monday-Wednesday.
If each day costs $3,300.00 in salaries ,hence three days would cost $9.900.00(3*$3,300.00) in total.
Since amount of salaries owed is $9,900.00, an entry has to passed in salaries payable account to show that the business has an obligation of $9,900.00 to settle by crediting salaries payable account and the corresponding debit entry would be in salaries expense account in order to recognize costs.
