Answer:
Balance in Allowance for Doubtful accounts = $228,000
Explanation:
Outstanding Accounts Receivable $3,000,000
(x) Percentage uncollectible <u> 8% </u>
(=) Allowance for Doubtful accounts <u> $240,000</u>
(-) Debit balance <u> $12,000</u>
(=) Balance in Allowance for Doubtful accounts $228,000
Hope this helps!
Answer:
The adjusting entry that should be recorded at the end of the accounting period:
Debit Unearned revenue $500
Credit Revenue $500
Explanation:
Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.
Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end of the month, $300 worth of services were still owed to the customer.
The value of services were performed = $800 - $300 = $500.
The adjusting entry:
Debit Unearned revenue $500
Credit Revenue $500
Do you have anything that’s unique? Have you operated in
Customer Service before? That means you have x years of Customer Service
experience. That is the experience that they would look at to hire you over another
person who can’t put anything in there. Have you operated in food service
before? Then you have x years of experience in that, too.
Answer:
620 Unfavorable
Explanation:
Given that,
Direct materials (Standard Quantity) = 2.0 pounds
Direct materials (Standard Price) = $7.75 pounds
Units produced by company = 6,800
Materials quantity variance
:
= (standard quantity - Actual quantity) × standard price
= [(2.0 × 6,800) - (17,100 - 3,420)] × $7.75
= (13,600 - 13,680) × $7.75
= 620 Unfavorable
Answer: B) subtle discrimination based on secondary characteristics.
Explanation:
There are Primary and Secondary Characteristics of Diversity.
Secondary Characteristics of Diversity are those attributes that can be changed and include but are not limited to, educational background, geographic location, income, marital status, weight, religious beliefs, and work experiences.
The attributes that Bob says he has no problems with are PRIMARY in nature but he seems to have problems with the weight and educational backgrounds of some employees and insinuates that they are less efficient at doing what he does.
This is subtle discrimination and it is based on their secondary attributes.
