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pshichka [43]
1 year ago
15

Given the unadjusted Allowance for Doubtful Accounts has a $50 debit balance, the amount of receivables written off was ______ t

han the amount estimated in the prior period. This will cause Bad Debt Expense to be ______ in the current period than had the unadjusted balance been a credit balance.
Business
1 answer:
Musya8 [376]1 year ago
7 0

Answer: Given the unadjusted Allowance for Doubtful Accounts has a $50 debit balance, the amount of receivables written off was less than the amount estimated in the prior period. This will cause Bad Debt Expense to be less in the current period than had the unadjusted balance been a credit balance.

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the property taxes on a house that Alan owns and rents out to have increased. to balance his monthly budget, he decides to incre
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In this scenario the type of tax his tenants pay is called Indirect tax
3 0
2 years ago
Read 2 more answers
Harvey works for Ice Cream Dream, a company that sells commercial ice cream makers. Ice Cream Dream normally has a gross profit
kvv77 [185]

Answer:

$50

Explanation:

Sales - gross profit

Sales = $1000

Gross profit = 1000 *30%

= $300

1000 - 300

= $700, this value is the actual cost

Actual cost = $700

The amount paid = $650

To calculate the amount to be included, we subtract the amount paid from actual cost

= $700 - $650

= $50

Amount to be included in harveys grow income = $50

5 0
2 years ago
Prior to being banned in 2002 by the McCain-Feingold Act, unlimited monetary contributions that were earmarked for party-buildin
nordsb [41]

Answer:

B.

Explanation:

Soft money can be defined as a money raised by party or committees that's not been regulated by the federal campaign finance. Such campaign contributions are not made within the federal law and thus are illegal to raise. These monetary contributions are used for party building activities such as electoral registration programmes. The origin of soft money dates back to the Watergate reforms.

<u>In the given case, the monetary contributions were used for party-building expenses or generic party advertising. Thus this monetary contribution is known as soft money.</u>

So, the correct answer is option B.

7 0
2 years ago
Lako Systems studied the performance of 15 line workers who attended a training program and compared their performance with a co
konstantin123 [22]

Answer:

D. return on investment.

Explanation:

The purpose of this comparison is to evaluate the training program on the criterion of return on investment.

In Business management, Return on Investment (ROI) is a metric mostly used by employers as an assessment and evaluation tool of a training program over a period of time.

5 0
1 year ago
Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M
Tatiana [17]

Answer:

<u>B, D</u>

Explanation:

1. Alex may be favoured in court if it was proven that Alex had signed the covenant not to compete in by force or else he would have been immediately fired from MyWaze. Then he may likely gain victory.

2. The second scenario, if Alex was involved in job at Google that wasn't going to compete with MyWaze;  that is rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system. Since the email system does not have any competition with a GPS app he may be favoured.

4 0
2 years ago
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