An aging of a company's accounts receivable indicates that estimate of the uncollectible accounts totals $4,455. If Allowance for Doubtful Accounts has a $1,116 credit balance, the adjustment to record the bad debt expense for the period will require a

Answers

Answer 1

Answer: Debit to bad debt expense for $3,339

Explanation:

Given:

uncollectible accounts = $4,455

Allowance for Doubtful Accounts = $1,116 credit balance

Adjustment for Bad debts for the period= Total estimated uncollectible receivable - credit balance  in allowance account

= $4,4,55- $1,116

= $3,339

Ans= Debit to bad debt expense for $3,339


Related Questions

If a short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices will ______, and output will ______.

Answers

Answer: increase; decrease

Explanation:

An economy is said to be in short run equilibrium when when the quantity of the total output that is supplied by the producers in the economy is equal to the quantity of the aggregate output that is demanded by the consumers.

If short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices will increase and output will decrease.

Kayden decided to attend college and gain a degree in accounting. He is now starting his degree. The yearly cost of tuition is $10,000 and he left his auto mechanic shop management job giving up a $32,000 a year to attend college. Kayden’s decision resulted in

Answers

Answer:

opportunity cost of $32,000

explicit cost of $10,000

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

the decision to leave his job is the opportunity cost of attending college. So, the opportunity cost is the income he would be forgoing to attend college.

the tuition fee he pays is the explicit cost. explicit cost is the actual cost incurred in carrying out a particular action

Which of the following contributed most to early people’s ability to produce food?

Answers

Answer:

The answer is "The end of the Ice Age."

Explanation:

Answer:

B for the end of the ice age

Explanation:

hope you do good on your test.

Roberto and Maria Martinez have a new loan in the amount of $80,000. The interest rate is 10%. The monthly payments are $710, principal and interest. What is their loan balance after the they make two month’s worth of loan payments?

Answers

Answer:

$79,913

Explanation:

The computation of the loan balance after two months loan payments is shown below:

$80,000 × 10% = $8,000 ÷ 12 =$666.67

$710 - $666.67 = $43.33

$80,000 - $43.33 = $79,956

$79,956 × 10% = $7,995 ÷ 12 = $666.30

$710 - $666.30 = $43.70

$79,956 - $43.70 = $79,912.8 i.e. $79,913

Hence, the loan balance after two months is $79,913

President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizations. Zane's Cycles uses Saturday meetings for everyone to come up to speed and to discuss issues. These meetings represent a controlling process that is used to _____.

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Discuss failures of individuals of the company

b) Establish performance standards as a group

c) Measure, evaluate and take corrective action

d) Correct employees' actions by berating and celebrating

e) Cross-train employees

And the correct answer is the option C: measure, evaluate and take corrective action.

Explanation:

To begin with, when it comes to terms of control regarding the inside structure of an organization, the managers use different processes and techniques to take on that job of controlling the employes of the company in order to see how everything is going. In the case of Chris Zane, as he wants to do a control every week, then he is absolutely interesting in evaluating and measuring the improvements of every one inside the business so in that way he can take action in time to correct something if it is not going as planned. And that is the main reason why he would use a controlling process where he needs to have everything going as planned.

Which root of insurgency discusses how foreign businesses can dominate critical portions?

Answers

Answer: Occupation or exploitation

Explanation:

The root of insurgency that discusses how foreign businesses can dominate critical portions is referred to as occupation or exploitation.

Foreign business should exploit the local market and take advantage of economies of scale in order to break into such market. One way to exploit I by studying the local market very well and understanding what it entails and what it needs ti further develop which they can use to their advantage.

For Feigenbaum, quality criteria always constitute… Group of answer choices a moving target in a competitive world a function of variation in measurable parameters a set of objectifiable product parameters some combination of reliability and validity

Answers

Answer:

a moving target in a competitive world

Explanation:

Armand Feigenbaum was widely known as an American quality control expert, who in his book, titled "Total Quality Control" suggested that quality is a productive system for incorporating the product and service development, quality sustenance and development actions for the purpose of providing products and services at the largely inexpensive degrees, which give full customer satisfaction.

He concluded that quality and accordingly customer value judgments are a moving target in a competitive market.

Therefore, For Feigenbaum, quality criteria always constitute "a moving target in a competitive world."

five type of advertising​

Answers

Answer:

The types of advertising are many but i grouped them into 5 ;

Media Advertising : Through Television  , radioPrint advertising : Through newspaper , flyers , brochures  magazinesSocial media advertising ; Online Display advertising : Through billboards and Signboard Directories

Explanation:

Presented below is net asset information related to the Marin Division of Santana, Inc.

Cash $64
Accounts receivable 213
Property, plant, and equipment (net) 2,608
Goodwill 214
Less: Notes payable (2,603)
Net assets $496

The purpose of the Larkspur Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $410 million. Management has also received an offer to purchase the division for $335 million (deemed an appropriate fair value). All identifiable assets’ and liabilities’ book and fair value amounts are the same.

Required:
Prepare the journal entry to record the impairment at December 31, 2017.

Answers

Answer:

Entry is given below

Explanation:

Loss on impairment can be calculated bt deducting the carrying value of goodwill which is 214m here from the implied goodwill

ENTRY  

                                      Debit           Credit

Loss on impairment      $161  

To goodwill                                          $161

Working

The Fair value of division                                                    $335

Less: carrying amount net of goodwill ($496-$214)          ($282)

Implied goodwill                                                                    $53

Less: carrying value of goodwill                                        ($214)

Loss on impairment                                                              $161 m

.

To satisfy their economic wants, people ______ goods and services.

Answers

Answer: Consume.

Explanation: To satisfy their wants humans tends to consume goods and services. consumes in this sentence is used to indicate the Human purchasing power to sati their needs. And what are human needs this are what we need to survive on a daily basis mainly food, clothes and shelter. So by consuming goods and services we are satisfying our need.

Answer:

Answer: Consume.

Explanation:

Match each example of a study to the type of method used. researchers develop a survey and ask the same questions to 40,000 randomly selected people. researchers interview or survey the same 1,000 families every 5 years over a 40-year period. researchers conduct long interviews with open-ended questions with 40 couples. researchers observed 15 families in their homes over a period of 1 year. researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week.

Answers

Answer:

1. Researchers develop a survey and ask the same questions to 40,000 randomly selected people. - Sample Survey

Sample surveys involve using a subset of the population that is randomly selected as the basis for the research.

2. Researchers interview or survey the same 1,000 families every 5 years over a 40-year period. - Longitudinal survey

In a Longitudinal survey, participants are observed and studied at regular intervals over a period of time which can either be long or short term.

3. Researchers conduct long interviews with open-ended questions with 40 couples. - In-depth Interviews

In-depth interviews aim to find out as much on a topic as possible and as such can take some time to complete. Questions are usually open ended so subjects can express themselves fully.

4. Researchers observed 15 families in their homes over a period of 1 year. - Observation

Observational study involves observing the subjects often in their natural settings.

5. Researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week. - Time use studies.

Time use studies are studies on the way people spend their time which is what the researchers here hope to find out.

A business impact analysis (BIA) identifies threats, vulnerabilities, and potential attacks to determine what controls can protect the information.

Answers

Answer:

The correct answer is: False.

Explanation:

To begin with, the name of "Business Impact Analysis" or BIA, in the field of business, refers to the strategy or process that focus on the analysis of the organization when an emergency happens and to see how that surprise event has affected the company's operations. So that is why that this method determines and evaluates all the potential effects that the disaster had on the structure of the organization and how that impact could be resolve by the managers and the whole crew of employees.

"For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:"

Answers

Answer:

ability of the program to generate losses for tax purposes but provide positive cash flow.

Explanation:

"A Registered Investment Adviser has a retired client who wishes to put aside funds for the purchase of a car 5 years from now. Preservation of capital is important to this client. The RIA should recommend investments in:"

Answers

Answer:

C. I, II, III

Explanation:

As it is mentioned that the customer wants the funds for the 5 years and the preservation of the capital is significant to the client.

In this, the certificate of bank and the money market is relevant, also the 5 year treasury bond is considered as the fund is required for 5 years so it would be matured till that time

But the treasury strips for the 30 days is not considered as the given time period is 5 years but it is only for 30 days

Hence, the correct option is C.

To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, marginal revenue equals marginal cost, and charges a price given by the demand curve at that output level.

a. True
b. False

Answers

Answer:

True.

Explanation:

True, the statement given is true because the profit maximization condition of the monopolist is “MR=MC” and it charges the price that is derived from the demand curve. For a monopolist, the demand curve and the marginal revenue (MR) curve is downward sloping. Therefore, the point where the marginal cost (MC) curve cuts the marginal revenue (MR) curve is the profit-maximizing point.

Mary was shopping in a clothing store. She had $100 to spend. She found three items she liked: $99 for a pair of shoes, $98 for a jacket, and $96 for a dress. After over an hour of shopping, she decided to buy the jacket for $98. What was her opportunity cost?

Answers

Answer:

    She have two opportunity cost: 1. Shoes

                                                          2. Dress

   With the return back money of $2

            Opportunity cost is the return of a foregone option less than the return on your chosen option.

The type of layout where similar activities are grouped together in departments or work centers according to the function they perform is known as a

Answers

Answer: process layout

Explanation:

Process layouts has to do with the grouping of resources based on their similarity in processes.

It is the type of layout where similar activities are grouped together in departments or work centers according to the function they perform.

A quantitative method used to evaluate multiple locations based on total cost of production or service operations is called:

Answers

Answer:

Load-distance method.

Explanation:

Load-distance method is a technique of making facility location decisions by an organization. In this method, different facility locations are assigned a load-stance value (it is a measure of the weight of the load to be transported and the distance) and the different facilities are evaluated on the basis of this value. The location with the minimum load-distance will have minimum transportation cost; so, this location will be preferred over the other locations.

The break-even analysis is a financial calculation that calculates the cost of the new business and services against the units sold to determine the point of the break-even.

The analysis is thus a method to evaluable the multiple locations on the total oats of the production nd the operations.

Learn more about the used to evaluate multiple locations based.

https://brainly.com/question/9787034

You’re reviewing the campaigns of a new client who wants to better promote his child daycare facility to parents researching childcare on their mobile devices. Currently, his ads include generic text about childcare. To optimize his ads for mobile, you might create an ad with:

A. the computer version of the facility’s website as the landing page, and a headline and description text that encourages people to sign up for the facility’s newsletter

B. a headline and description text that includes a customer testimonial, and uses the previous visits automated ad extension to let people see when they last visited the client’s website

C. the mobile version of the facility’s website as the landing page, and uses an interactive video showing current students and teachers reading together

D. a headline and description text that encourages people to sign up for a tour, and uses location extensions so they know where the client’s business is located

Answers

Answer:

B. a headline and description text that includes a customer testimonial, and uses the previous visits automated ad extension to let people see when they last visited the client’s website

Explanation:

This is the best because, a testimonial from people who have used the daycare facility encourages others to signup for it for their child(ren).

West Corp. issued 16-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM?

Answers

Answer:

the YTM of the bond is 9.63%.

Explanation:

Bonds price in most countries is usually expressed per $100. Taking this price into account, the Yield to Maturity (YTM) would be calculated as follows :

Pv = $100 × 99% =  - $99

n = 14 × 2 = 28

pmt = ($100 × 9.5 %) ÷ 2 = $4.75

p/ yr = 2

Fv = $100

YTM = ?

Using a Financial Calculator, the yield to maturity, YTM is 9.6316 or 9.63%.

ou work for a company that manufactures food products. A new "wonder food" contains only carbon, oxygen, and hydrogen. At this point, your research can say with certainty that the food ______.

Answers

Answer: B)does not include proteins or nucleic acids.

Explanation:

Carbon, oxygen, and hydrogen are very important elements in the production of various compounds that result in food for the human race and perhaps the most popular of those is carbohydrates.

They are also important in the formation of Proteins and nucleic acids. In these two however, the aforementioned elements need another element to form them. That element would be Nitrogen. As this new wonder food is lacking in nitrogen it can be confidently said that it does not include any proteins or nucleic acids.

Capital budgeting decisions include ______. increasing the salary of the current company president hiring new factory workers acquiring a new facility to increase capacity deciding to replace old equipment purchasing new equipment to reduce cost determining which equipment to purchase among available al

Answers

Answer:

a.) acquiring a new facility to increase capacity

b.) deciding to replace old equipment

c.) purchasing new equipment to reduce cost

e.) determining which equipment to purchase among available alternatives

f.) choosing to lease or buy new equipment

Explanation:

Capital budgeting refers to the process in which the business analyzed which planned fixed asset should be purchased or not.

The decision is based on whether the fixed asset should provide you better return after invested it or not and choose that fixed asset that generated a better return at minimum cost

Therefore it includes the above answers

If the market price of a product is between the minimum average variable cost (AVC) and minimum average total cost (ATC) of a firm, that firm will:___________
a) always shut down.
b) always continue to produce.
c) produce in the short run but shut down in the long run.
d) produce in the long run but shut down in the short run.
e) make positive economic profits.

Answers

Answer:

c) produce in the short run but shut down in the long run.

Explanation:

Option C is correct because the price charged is above the average variable cost which means the firm is still covering its variable cost of production. Moreover, if the firm still continues the same in the long run then it will shut down its operation. But if the price charged is below or equal to average variable cost then the firm will shut down its production even in the short run.

An estimate determined by market research of how many people read a single issue of a publication, such as four readers per copy, is known as the

Answers

Answer:

Pass-along readership.

Explanation:

An estimate determined by market research of how many people read a single issue of a publication, such as four readers per copy, is known as the Pass-along readership.

Generally, the total audience of a publication such as a journal, newspaper, magazine etc is a sum total of its active, non-active subscribers and its pass-along readership.

Pass-along readership refers to a situation where a reader doesn't buy a publication themselves but reads it a copy of the publication when the buyer is done.

Esther Lugo has gone for an interview at an advertising firm in Manhattan and has been asked to complete a self-report survey to help interviewers understand if she is the right candidate for the job. From the interview, they have found that she is extroverted, empathic, scrupulous, and cooperative in nature, empathic, scrupulous, and cooperative in nature, which are key characteristics needed for the job. These characteristics about Lugo indicate her ________.
a) talent.
b) skill.
c) knowledge.
d) genealogy.
e) personality.

Answers

Answer:

Personality.

Explanation:

From the interview bwe found bout that Lucy is an introvert, she is empathic, she is scrupulous, cooperative in nature and several other characteristics. These characteristics are a reflection of what her personality is. personality can be defined as the many charactereristics that a person has which defines them. It is also the different traits that a person has.

Sam filed a discrimination case against his employer with the Equal Employment Opportunity Commission (EEOC). The EEOC sent a notice of charge to Sam's employer. In this scenario, which of the following is most likely to be the immediate next step in the process of bringing a discrimination claim with the EEOC?

a. Both Sam and his employer will receive a referral to mediation from the EEOC, if appropriate.
b. The EEOC will issue a right-to-sue letter to Sam.
c. Both Sam and his employer will have to offer evidence to the U.S. Supreme Court as soon as the notice of charge is issued.
d. The EEOC will immediately investigate the claim.

Answers

Answer:

The correct answer is the option A: Both Sam and his employer will receive a referral to mediation from the EEOC, if appropiate.

Explanation:

To begin with, the U. S. Equal Employment Opportunity Commission or EEOC is the name given to a federal agency in the United States whose main purpose is to manages and enforces civil rights laws against workplace discrimination that people might suffered from their employers. Therefore that in the cases where the employee presents a discrimination case against his employer, then after the receival from both parties of the notice of charge from the EEOC, the Commission will send a referral to mediation due to the fact that is the most easy and cheap way to continue the case from both sides, thanks to that maybe an agreement between them could be arranged.

The tax assessment ratio for a house valued at $250,000 is 80%. If the tax rate is $2.00 per $100 what is the annual tax?

Answers

Answer:

$4,000

Explanation:

First, you have to determine the 80% of $250,000:

$250,000*0.8= $200,000

Then, you can use the rule of three to determine the annual tax:

$2→$100

x ← $200,000

x=(200,000*2)/100=$4,000

According to this, the answer is that if the tax rate is $2.00 per $100, the annual tax is $4,000.

Marlene works in a manufacturing facility, Carz Parts. Throughout the building there were posters and calendars of a sexually explicit nature, making Marlene very uncomfortable. Carz Parts:________

a. Practices sexual discrimination.
b. has no legal worries because Marlene is not suffering any economic injury.
c. has no legal worries because none of the offensive materials are directed at Marlene.
d. has a hostile work environment.
e. is engaging in quid pro quo harassment.

Answers

Answer:

d. has a hostile work environment.

Explanation:

Based on this scenario, it seems that Carz Parts has a hostile work environment. This is a work environment that is created by a boss or coworker whose actions, communication or behavior make doing your job impossible by altered the terms, conditions, and/or reasonable expectations of a comfortable work environment. Which in this scenario, the sexually explicit posters were put up and/or allowed by the boss, and since the posters make Marlene very uncomfortable which prevents her from doing her job correctly the boss has therefore created a hostile work environment.

During a resuscitation, the team leader assigns team roles and tasks to each member. You recognize that a task has been overlooked. Which is the most appropriate action

Answers

Answer:

fill that overlooked role

Explanation:

In a scenario such as this one, the most appropriate action would be to fill that overlooked role. During a resuscitation, every second counts and all the members of a team are trained to handle these situations, therefore if a role has been overlooked by the team leader the other members need to fill that role as quickly as possible as long as they are not currently occupied with another role. Doing so will save time and potentially a life.

Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,000 to 120,000 units.
Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1.
In March 2017, the company incurs the following costs in producing 100,000 units: direct materials $520,000, direct labor $596,000, and variable overhead $805,000. Actual fixed costs were equal to budgeted fixed costs.
Required:
1. Prepare a flexible budget report for March.
2. Were costs controlled?

Answers

Answer:

Gundy Company

Flexible production budget report

For the month of March, 202x

                                               budgeted        actual            variance

                                               costs                costs

Units produced                      100,000           100,000              -

Variable costs:

direct materials              $500,000       $520,000      $20,000 Udirect labor                     $600,000       $596,000        $4,000 Fvariable overhead          $800,000       $805,000       $5,000 U

Fixed costs:

Depreciation                   $200,000       $200,000            -Supervision                     $100,000        $100,000             -

Generally when we say that costs were controlled or under control, we mean that actual costs were equal or less than the budgeted costs. Only direct labor and fixed costs can be considered controlled, since we have unfavorable variances for direct materials and overhead.

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