Answer:
The total estimated uncollectible debt is $6000 as computed below
Explanation:
The total estimated uncollectible debt is computed as follows:
Accounts not yet due $25000*4% $1000
Accounts 1-60 days past due $10000*25% $2500
Accounts more than 60 days $5000*50% <u>$2500</u>
Total estimated uncollectible debt <u> $6000</u>
The necessary journal entry to record this estimate is shown below:
Dr bad debt expense $5000
Cr Allowance for uncollectible debt $5000
Even though $6000 is the estimated uncollectible, the implication is that the closing balance in allowance for uncollebtible debt should be $6000,since there is a credit of $1000 already in the account, the balance required to top it up to $6000 is $5000
I believe that the strategy you are using when you only read the title, section headings, and captions is called the SQ3R reading method. The abbreviation stands for survey, question, read, recite, and review, and it helps you better understand your assignment.
Answer:
Risk on the critical path should be given higher priority than activities that are not part of the critical path, or that have a positive slack.
This is because incurring in a riks that is on the critical path can seriously alter the schedule of a project, to the point that the project could be delayed or put off.
Answer:
Farm worker
Explanation:
Seasonal unemployment occurs due to a decrease in labor demand at particular times of the year. Some industries experience increased activities during specific seasons. Hotels and restaurants may experience a boom in holiday seasons, while Ski business may be closed during summer.
The farming business is seasonal. During winter, nothing much happens. Workers in this period are likely to be unemployed.
Answer:
c. Sparkling water, evening wine tasting, four-star hotel restaurant
Explanation:
The scratch list in general includes a series of services that are provided by a Hotel (the Boston Hotel). Because of the items included in the list, it seems that the Hotel is quite fancy.
Numeral c would be a good addition to the scratch list, because it lists items that would fall in place for the type of Hotel being described: sparking water, evening wine tasting, and a the mention of a four-star hotel restaurant.
