Answer:
Debit to bad debts expense in the amount of $5,000
Explanation:
The computation of the bad debt expense is shown below:
= Credit sales × estimated percentage given
= $500,000 × 1%
= $5,000
The journal entries are also shown below; for better understanding
Bad debt expense A/c Dr $5,000
To Allowance for doubtful debts $5,000
(Being bad debt expense is recorded)
The other information which is given in the question is not relevant. Hence, ignored it
Answer:
Option (a) is correct.
Explanation:
Manufacturing cost:
= Direct materials + Direct labor + Variable overhead + Fixed overhead
= $80,000 + $100,000 + $30,000 + $60,000
= $270,000
Purchase from outside:
= Fixed overhead + Purchase price
= $60,000 + (50,000 × $10)
= $60,000 + $500,000
= $560,000
Effect on income = Purchase from outside - Manufacturing cost
= $560,000 - $270,000
= $290,000
Therefore, the above calculations shows that income will decrease by $290,000.
Leslie's budget is hurting in the areas of transportation, groceries, phone and dining out.
<u>Explanation:</u>
For transportation, cash is required for every day. So Leslie is spending more on transportation every month. Forgoing back and forth out anyplace she will burn through cash on transportation.
She is likewise spending cash on goods. Staple goods will be an essential one for living these days. So the financial backing is harming here.
She is spending another hand on the telephone and eating out. For the telephone, she will energize each month. She will feast out with companions each day.
Counting the number of cars passing through designated locations on the Los Angeles freeway system is a method of observation of data collection, because a person uses all of their sense to examine in natural setting or naturally occurring situations. Observation of a field setting includes extended commitment in a setting or social situation, communicating attention in ways that is in some sense standardized and recording one’s observation.
Answer:
The correct answer is letter "B": Atomicity, consistency, isolation, and durability.
Explanation:
Atomicity, Consistency, Isolation, and Durability (<em>ACID</em>) is a database that allows computer software to guarantee the accuracy of transactions even in front of events such as power failures. The system also takes care of how information can be recovered -if lost any- when those situations arise.
