When the direct write-off method is used in accounting for uncollectible accounts, any uncollectible account is written off against the: Group of answer choices allowance account sales account bad debt expense account accounts receivable account

Answers

Answer 1

Answer:

sales account

Explanation:

because the direct write off method is used in accounting for uncollectible accounts


Related Questions

In an economy in which the skills, preferences, and motivations of workers vary widely, equality of wage rates would

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Considering the situation described above, the equality of wage rates would be lower.

This is because when there are high differences in the level of skills, preferences, and motivations of workers, some workers with high skills, and skills preference and increased motivation will earn higher wages.

On the other hand, the workers with low skills, less preferred by employers, and have less motivation to work, will undoubtedly earn lower wages.

This situation would lead to the equality of wage rates to be lower, as many people earn higher, while many others make lower.

Hence, in this case, it is concluded that massive disparity in skills, preference, and motivations cause lower equality in wage rates.

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shares of stock previously sold by the corporation that are repurchased are called

Answers

Answer:treasury stock

Explanation:

Shares of stock previously sold by the corporation that are repurchased are called Treasury stock.

What is stock?

A stock is a colloquial phrase for any product - market papers. , a share alludes to a certain stock's certificates. The holder becomes an investor if you possess shares of a specific corporation.

A stock that used to be in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as equity security. Treasury stock is a counter-accounting concept since it lowers the overall investors' ownership on a financial sheet.

The federal stock decommissioned shares can indeed be reproduced; only stocks that are held in the capital can. Shares that are retired lower the group's overall number of authorized shares.

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Labeling is important for four specific reasons, including identification, promotional and legal reasons. What is the fourth reason

Answers

Answer:

informational

Explanation:

i know were not suppost to do this but cheeck out quizlit

Labeling is important for four specific reasons that are identification, promotional, legal, and informational reasons.

What is the importance of labeling?

The identification of different batches of products becomes easy through labeling that grabs customers' attention.The promotional activities through labeling are done by providing a description and usability of the product. The legal issues could be eliminated by adhering to proper labeling laws.This gives vital ingredients, manufacturing dates, and other vital information to customers.

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The manufacturing cost of an air-condioning unit is $544, and the full-replacement extended warranty costs $113. If the manufacturer sells 506,970 units with extended warranties and must replace 20% of them as a result, how much will the replacement costs be? (Note: Assume manufacturing costs and replacement costs are the same. ) a. $55,158,336 b. $11,457,522 c. $2,129,274 d. $66,717,252 Please select the best answer from the choices provided A B C D.

Answers

Answer:

I think its C

Explanation:

A company has multiple CAs and intermediate CAs issuing digital certificates in different departments, with no one cross-checking their work. Which PKI trust model should the company use

Answers

According to the PKI trust implementation model, a company with multiple CAs and intermediate CAs issuing digital certificates in different departments, with no one cross-checking their work, will need to use Hierarchical Trust Model.

This is because the Hierarchical Trust Model allows a root CA at the top, giving the information and the intermediate CAs.

The intermediate CAs in the hierarchical trust model generally trust the information given by the root.

Thus, without cross-checking their work, the company can afford to use the hierarchical trust model because it is true proof.

Hence, in this case, it is concluded that the correct answer is the Hierarchical Trust Model.

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Obligations due to be paid within one year or the company's operating cycle, whichever is longer, are classified as:

Answers

Answer:

Current liabilities

Explanation:

a group of individuals who have a general interest in the environment have sufficient standing to file a class-action lawsuit against a company polluting a waterway.

Answers

A group of individuals who have a general interest in the environment do not have sufficient standing to file a class-action lawsuit. Therefore, it's false.

It should be noted that taking care of the environment is everyone's priority. It's important to keep the environment clean and safe. This is vital in order to avoid diseases.

Also, a group of individuals who have a general interest in the environment do not have sufficient standing to file a class-action lawsuit against a company polluting a waterway. This is appropriate. Therefore, the statement is false.

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Why did the length of time required to develop an administrative rule grow from an average of 15 months to an average of more than 35 months over the last four decades

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Considering the bureaucratic regulations, the length of time required to develop an administrative rule grew from an average of 15 months to an average of more than 35 months over the last four decades because "it takes a lot of procedures before a conclusion is made."

This is because currently, there is a need to make new procedures that require more public notice.

Also, the administrative rules such as environmental impact statements will have to go through more public hearings, additional cost-benefit analysis, and pass stronger legal obligations.

An administrative rule is made to ensure that certain activities will have no unacceptably large negative consequence on the human or physical environment.

Hence, in this case, it is concluded that making an administrative rule takes a lot of procedures before a conclusion is made.

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Fred lost his factory job, replaced by welding robots. He has now given up looking for work. Fred is:

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Hes facing structural unemployment

Management estimates that 1% of the $100,000 of credit sales will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted debit balance. The adjusting entry to record estimated bad debts includes a ______. (Select all that apply.)

Answers

Based on the information given the appropriate adjusting entry to record estimated bad debts includes a:

Debit to bad debt expense of $1,000

Credit to allowance for doubtful accounts of $1,000

Adjusting journal entries

Debit Bad debt expense $1,000

Credit Allowance for doubtful accounts $1,000

(1%×$100,000)

(To record estimated bad debts)

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Answer:

credit to Allowance for Doubtful Accounts of $1,000

debit to Bad Dept Expense of $1,000

If a customer gives his broker-dealer an order to sell his stock if it falls to or below 69 and will not accept a price below 69, the order is A) a stop limit order. B) a sell limit order. C) a buy limit order. D) a stop order.

Answers

Answer:

D Stop Order

Explanation:

When an order is entered , the customer has directed that it should not be engaged until the stock is at or below 69, a STOP order. Because the client will not accept an execution below 69 it is a stop limit order.

Which global facility type manufactures products at low cost but with skilled workers and significant managerial resources

Answers

A global facility type which takes advantage of low cost raw materials and skilled labor for production purpose is called an offshore factory.

Offshore factories are located outside a manufactures home country in a bid to take advantage of low cost raw material and skilled and good managerial resources.

After production is done, the finished product are then imported back into the manufacturer's home country.

Hence, the missing phrase is offshore factory.

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When prices of outputs in an economy become sufficiently high causing production to exceed potential GDP, the resulting: hyper-intense production will be unsustainable in the long run. higher wages will encourage workers to produce more at high prices. lower prices will lead to a lower quantity of demand. downward slope in aggregate supply curve will be short run.

Answers

Answer: Hyper-intense production will be unsustainable in the long run

Explanation: Prices cannot continue to rise because the economy is working above potential GDP at that point. Potential GDP is calculated based on full employment, so the economy will eventually trend back down in the long run.

________ measures the frequency that someone who clicks on an ad makes a purchase, likes a site, or takes some other action desired by the advertiser.

Answers

The term that describes the frequency of click by people on a particular ads on a site as well as actions by advertiser is conversion rate.

Conversion rate can be regarded as a measure that give enablement to know the number of click on a particular ad.

It helps to know how many people make a purchase through ads on the website.

Therefore, conversion rate is correct.

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what factors determine the elasticity of resource demand?

Answers

Answer:

the rate of decline of mp

costs incurred internally to create intangibles are

Answers

Answer:

Explanation:

Businesses often invest to have a multitude of sources, such as: definite land use rights, computer software, patents, copyrights, fishing licenses, export quotas, limits, etc. import regulations, decentralization, business relationships with customers or suppliers, customer loyalty, market share and marketing rights…

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Calculate the closing price of a bond that has a face value of $1,000 and is closing at
101 7 8 percent of the face value.
O $1001.78.
O $1000.75.
O $1018.75.

Answers

Answer: C 1,018.75

Explanation:

Here ill help yall.

C

C

A

C

C

C

B

D

B

C

100%

Correct if not leave a dislike

Business Management II B

Answer:

$1,018.75

Explanation:

How to Calculate the price of a bond

1. Locate the percent of $1,000 that the bond was selling for at the close of the day.

1.01875 (to get this amount in this question, 7/8 = 0.875, then add to 101 = 101.875. Multiply 101.875 * 100 = 1.01875.)

2. Multiply the decimal equivalent of the percent by $1,000.

$1000 * 1.01875 = $1,018.75

3. Round the product to the nearest cent, if necessary.

Question 1 of 10
Which action will not protect your credit?
A. Disputing errors
B. Considering a credit freeze
C. Reviewing credit reports yearly
D. Applying for multiple loans

Answers

Answer:

I don't know the answer but I'm gonna go with D

Disputing errors will not protect your credit. Thus, option 'A' is the correct option.

What is the best way to protect your credit?

Freeze your record at each of the four credit bureaus—Equifax, Experian, TransUnion, and Innovis—for optimum protection. The websites of each bureau are where you may accomplish this. Your report can be frozen for free and then unfrozen at any moment, for example, to submit an application for a new loan. Prior to approving a new mortgage, auto loan, or credit card, the majority of lenders review your credit record.

The ability to view this report is restricted by a freeze, making it more difficult for identity thieves to create new credit accounts in your name. Once you've opened a Social Security account, make sure to freeze your report. Fraud may be the cause of a rapid drop in your credit score. It's crucial to monitor this quantity because of this.

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The ________ ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt

Answers

Answer:

The , Television, ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt.

Name three valid reasons (termination for cause) an employee may be terminated from a job?

Answers

Stealing drinking on the job and and charging people extra to keep the money

A corporation issues for cash $8,000,000 of 20-year, 8% bonds, interest payable semiannually. The amount received for the bonds will be

Answers

Answer:

uwuuwuwuwuwuwwuwwuuwuwuuwuwuwuwuwu

In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split

Answers

The number of shares that an investor will have after split is 320 shares.

Stock split refers to when a company divides its existing shares into multiple shares.

Here, we are to find the number of shares that an investor will own.

Given Information

Stock split rate = 2-for-1 stock split (2/1)

Share holding before split = 160 shares

Number of shares after the split = Share holding before split * Stock split rate

Number of shares after the split = 160 shares * 2/1

Number of shares after the split = 320 shares

Therefore, the number of shares that an investor will have after split is 320 shares.

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throughout the years, various beer companies have entered and exited the market. anheuser-busch in the 1960s had a little over 10% market share but has grown to about 50%. when anheuser-busch decides to change its prices on beer, the other beer manufacturers do the same. what type of competition-based pricing does this illustrate?

Answers

Answer:

price leader/follower

Explanation:

The type of competition-based pricing used by other beer manufacturer is the Price leadership type of competition-based pricing

Basically, the competition-based pricing refers to price decision-making by a firm which are majorly influenced by the price its dominant competitors of same product.

There are three type of competition-based pricing and includes Price leadership. Predatory pricing and Going-rate pricing.

The Price leadership is a type of competition-based pricing where setting of prices in a market by a dominant company are followed by others company in same market.

Therefore, the type of competition-based pricing used by other beer manufacturer is the Price leadership.

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When we want to measure wage inflation in the labor market, we use the: Consumer Price Index Product Price Index Employment Cost Index Employment Price Index

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Based on economic indices, when we want to measure wage inflation in the labor market, we use the "Consumer Price Index."

The consumer price index, often referred to as CPI, is conducted by the Bureau of Labor Statistics.

CPI is carefully made to measure the price changes encountered by urban consumers.

It is believed that the urban dwellers formed about 93 percent of the United States population.

Consumer Price Index is used to measure the relationship between wage and inflation.

Hence, in this case, it is concluded that the correct answer is "Consumer Price Index."

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When we want to measure wage inflation in the labor market, we use the Employment Cost Index.

The employment cost index reflects the change in labor costs in a given country, that is, the value that each salary has for the employer (adding salaries actually paid to the worker, plus labor costs, contributions, etc.).

This index is an indicator that allows anticipating inflationary values in an economy, as it allows observing the growth in labor costs that will subsequently impact an increase in the products that are marketed.

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Implementing the closure process includes several _______ activities, including getting delivery acceptance from the customer.

Answers

The implementation phase is simply known as the stage where a person along with one's project team actually do the project work to produce the deliverables. Implementing the closure process includes several wrap up activities, including getting delivery acceptance from the customer.

The implementation phase in any closure process entails putting the project plan into action.

The project manager often coordinate and direct project resources to align with the objectives of the project plan.

The closing phase of project management is known as the final phase of the project lifecycle.

This process makes sure that work is completed based on to the project plan and scope.

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what is the general rule for recognizing revenues in governmental funds?

Answers

Revenues should be recognized when available and measurable.
*Revenues should be recognized when available
and measurable.*
I got right but you can search more info on internet

A garden store bought a fountain at a cost of $995. 66 and marked it up 100%. Later on, the store marked it down 25%. What was the discount price?.

Answers

$1,493.49 would be the discount price.

Marking up to 100% would double its price; equaling $1,991.32. Then discounting that number by 25% will give you your answer of $1,493.49

Which of the following symptoms is NOT associated with an allergic reaction?
Trouble breathing
Anxiety
OOO
Fainting
Screaming

Answers

When one is having an allergic reaction to something, one symptom that is not expected is Screaming.

An allergic reaction usually leads to the following:

Person has trouble breathing Person develops anxiety Person might faint

It is not a usual thing that a person will scream as a result of an allergic reaction.

We can therefore conclude that screaming is not associated with allergic reactions.

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assessing the effectiveness of an advertising campaign while it is running by monitoring key indicators is referred to as

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Tracking refers to use of key indicators to monitor and assess the effectiveness of the advertising campaign while it is running.

The tracking of the advertising campaign is also called ad tracking, post-testing or ad-effectiveness tracking.

The advert tracking forms part of in-market research.

The advert tracking refers to monitors the brand's performance, advertising awareness and attitudes about the brand versus their competition.

In conclusion, the key indicators is referred to as advert tracking.

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Question Mode Multiple Choice Question A corporation is created by obtaining a charter from: Multiple choice question. an attorney the federal government initial stockholders the state government

Answers

In general, when a corporation is to be created, it gets its charter from the state government.

Corporations:

Get their charter from a state government Are bound by the laws of the state in which they are registered

The powers that state governments have in the United States include being able to license corporations and when they do this, that corporation is bound by their laws.

Corporations would therefore usually look for states with more lenient laws.

In conclusion, corporate charters come from the state government.

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