Answer:
<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>
1. Gross accounts Receivable = Allowance Account balance at beginning / 10%
= $30,000 / 10%
= $300,000
2. Year Account Title Debit Credit
2021 Bad debt expense $105,000
($500,000*10% + $55,000)
To Allowance for Doubtful Accounts $105,000
3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account
= $30,000 - (- $50,000)
= $30,000 + $50,000
= $80,000
4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000
The answer for this question is. Sam had to mix equal parts of the two chemicals for the experiment. When we say equal, the same in number or amount. If equitably, dealing fairly or equitably with everyone. If equation, a complicated situation or issue. So the right answer is equal.
Domestic gross product (GDP) is used for overall monitoring of an economy. In this regard, it measures the well-being of the society.
In the current scenario, the funds invested was $3 million while the overall value of the harvest was $8 million. In this regard, the overall contribution to the GDP in 2014 due to the transactions described is the overall harvest and that is $8 million worthy of cereal.
Consumer protection is the movement to protect the valid interests of consumers and is a major force in small business today
Answer: Dina's labor the car wash dina receives the $300 per week and charles earns working for spotless car wash
Explanation: The flow from a firm to a household can be in the form of goods and services purchased by the household or in the form of flow of factor income to the household. Out of the given options, Dina's labor in the car wash and Charles earning from spotless car wash represent a flow of income from the firm to the households. While, Charles spending on airline tickets represent a flow from the household to the firm in the form of expenditure for buying a service. So, a and b are correct.
