a. Cr. Allowance for Doubtful Accounts $24,950
b. Cr. Allowance for Doubtful Accounts is $1,630 ($370 + $27,000 - $1,900).
(a) Assuming that Allowance for Doubtful Accounts has a credit balance of $2,300 before adjustment:
To calculate the estimated allowance based on the percentage of sales approach, we can multiply net credit sales by the estimated percentage of sales that turn out to be uncollectible. In this case, the estimate is 1%, so our calculation would look like this:
$2,700,000 * 1% = $27,000
The entry we make would be:
Dr. Bad Debts Expense - Estimated $27,000
Cr. Allowance for Doubtful Accounts $29,300
($2,300 + $27,000 - $29,300)
Now assume that Net Credit Sales figure used above is incorrect due to data from the previous year. New Data is as follows:
Net Credit Sales for Dec 31st 2015 - $2,400,000
Accounts Receivable at Dec 31st 2015 - $255,000
Allowance for Doubtful Accounts Dec 31st 2015 - $450
New Journal Entry after correction of the error would now be:
Dr. Bad Debts Expense - Estimated $22,500
Cr. Allowance for Doubtful Accounts $24,950
($450 + $22,500 - $27,450)
(b) Assuming that Allowance for Doubtful Accounts has a debit balance of $370 before adjustment:
This means there were previously made provisions of doubtful account which totalled $370 earlier.
Without any new incoming data change as mentioned above, journal entry shall still be the same but with different credit side values now calculated in such fashion:
Dr. Bad Debts Expense - Estimated $27,000
Cr. Allowance for Doubtful Accounts $1,630 ($370 + $27,000 - $1,900)
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VOTE TOM NOOK FOR PRESIDENT FOR 2024
:0
yas I will vote him!
lol
wait..no! He will just take our money. My answer is a maybe.
1. Goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception
Answer:
The answer is below
Explanation:
The goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception are the following:
1. No Poverty: as a result of poverty in some rural areas which is affecting children's development in UAE, the government has made it official to eradicate poverty in those areas.
2. Education for All: this is to ensure that children of age 6 to 18 or Grade 12, all have access to quality education, so as to boost literacy level in UAE
3. Social Support: this is to ensure those with the lowest income are able to cater to their children and afford a decent life.
(a) Explain what the aggregate demand curve represents and why it is downward-sloping. Please provide an example. (8 marks) (b) Explain what the aggregate supply curve represents and why it is upward-sloping. Please provide an example. (8 marks). (c) Suppose the economy is operating at a point where output is greater than the natural level of output. Given this information, is the actual price level equal to the expected price level at the current level of output Explain. (9 marks) Students are adviced that if th
Aggregate demand curve is downward-sloping because of two reasons; wealth effect and substitution effect. Aggregate supply curve is upward-sloping because of two reasons; the price effect and the cost effect. The actual price level is not equal to the expected price level at the current level of output. Below paragraph provides the detailed explanation.
(a) Aggregate demand curve: Aggregate demand curve (AD) represents the total spending on goods and services produced in the economy over a given period. The relationship between the price level and the quantity of output demanded in the economy is represented by this curve.
According to the aggregate demand curve, as the price level decreases, the quantity of output demanded increases and as the price level increases, the quantity of output demanded decreases. Aggregate demand curve is downward-sloping because of two reasons; wealth effect and substitution effect.
Example: For example, if the price of the goods decreases, the consumers will purchase more goods and hence the demand for goods will increase, leading to an increase in the production of goods.
(b) Aggregate supply curve: Aggregate supply curve (AS) represents the total production of goods and services produced in the economy over a given period. The relationship between the price level and the quantity of output supplied in the economy is represented by this curve.
According to the aggregate supply curve, as the price level increases, the quantity of output supplied increases and as the price level decreases, the quantity of output supplied decreases. Aggregate supply curve is upward-sloping because of two reasons; the price effect and the cost effect.
Example: Suppose the economy is producing 100 units of goods at a price level of $10 per unit, then if the price of goods increases to $20 per unit, then the producers will increase the production of goods to 200 units.
(c) The actual price level may not be equal to the expected price level at the current level of output if the economy is operating above the natural level of output. When the economy is operating above the natural level of output, the actual price level is higher than the expected price level, and vice versa.
When the economy is operating above the natural level of output, the demand for goods and services is greater than the supply of goods and services, leading to an increase in the price level. When the economy is operating below the natural level of output, the supply of goods and services is greater than the demand for goods and services, leading to a decrease in the price level. Therefore, the actual price level is not equal to the expected price level at the current level of output.
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If the CEO assumes that the customer profiles in Chicago is most representative of all the locations and she only samples customers from Chicago for the survey, she is doing
a. Quota sampling
b. Simple random sampling
c. Convenience sampling
d. Judgment sampling
Representative of all the locations and she only samples customers from Chicago for the survey, she is doing Judgment sampling.
In the non-probability sampling technique known as judgment sampling, or authoritative sampling, the researcher chooses the units to be sampled based on his own prior knowledge or his professional judgment. Purposive sampling, also known as judgmental, selective, or subjective sampling, is a type of non-probability sampling in which researchers pick individuals from the public to take part in their surveys based on their own judgment. Three circumstances make the use of judgemantal sampling appropriate: (1) choosing distinctive respondents who are particularly instructive; (2) choosing members of a hard-to-reach, niche community; and (3) identifying specific sorts of respondents for in-depth examination.
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Lucy wants to attach a goal cost
Answer:
What is the rest of your question
Explanation:
_____ managers are responsible for departments that perform a single functional task and have employees with similar training and skills.
Answer:
Functional
Explanation:
Functional managers are responsible for the management and provision of control over a business unit in an organisation. They manage people and the resources in a business unit such as marketing, customer care unit etc. One of the many advantages of functional management in an organization is that they focus on certain area of specialization, meaning that workers have special skills related to their job functions.
Answer the following question in 3-4 complete sentences. A poster of a man sitting on a motorcycle on a cliff that reads, "Honda. " Examine the advertisement above. What is being advertised? Most likely, who is their target audience or buyer? What does this advertisement say to the buyer?.
Answer:
Answers may vary, but should be similar to the following: This is an advertisement for Honda motorcycles. Based on the picture, the location it shows (beach front at sunset), and the man in the advertisement, the target audience is most likely males in either their 20s or 30s, or perhaps older males who want to feel younger again. The advertisement and the imagery used speaks of such emotions and experiences as, independence, power, wide-open spaces, and freedom.
Explanation:
This is an advertisement for Honda motorcycles. The location shows the man in the ad, the target audience is most likely males in either their 20s or 30 or perhaps older males who want to feel younger again.
What is the advertisement saying to the buyer?The advertisement and the imagery are used to speak of such emotions and experiences as independence, power, wide-open spaces, and freedom. An advertisement, otherwise known as an advert or ad, is generally considered a public communication that promotes a product, service, brand or event. To some the definition can be even broader than that, extending to any paid communication designed to inform or influence.
If these definitions feel vague, it’s because they are the truth that advertisements can be tricky to define, now more than ever. From bus shelters to search engines to influencers, the field of advertising has never been broader, deeper or more complex.
It’s important to note that advertising is not the same as marketing and it is rather a subcategory of it.
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O que é superavitário e deficitário? * O que é SFN? * Pesquise os principais ações deficitárias e superavitários do governo nos últimos 4 anos.
Answer:
sao coisas qui eu nao consogo espluc
In 2004, Microsoft Corporation started giving employees stock that cannot be sold for a specified period of time. This is a type of restricted stock.
Résumé search programs often search for _____. a. nouns b. verbs c. adjectives d. participles
Answer:
noun
Explanation:
indeed
Resume search programs often search for noun. A resume keyword scanner is software that job posting sites use to search resumes for certain keywords.
What is Resume?A resume is a formal document created by a job seeker to list their qualifications for a particular position.
A customized cover letter is typically included with a resume, in which the candidate expresses interest in a certain job or organization and highlights the most essential data on the resume.
Thus, option a, Noun is correct option.
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The probabilistic estimate of the price at which a property will be sold is its?
The market value of a property is the probabilistic estimate of the price at which it will be sold.
Probabilistic Estimate
The probabilistic (risk weighted) method to estimating understands that there are uncertainties associated with each project component in the real world. As a result, there are probabilities of occurrence for each component within a range of conceivable values. Similarly, there are probabilities of occurrence within a range of potential values for the entire project estimate (which is an accumulation of distinct components determined by a mathematical mode). An estimate based on a range of numbers with related probability of occurrence for each component or, at the very least, for each component with substantive certainty.
Calculating the time-varying chance of a price reversal in the real estate market Knowledge of such price reversals may be useful in developing property trading strategies and providing confirmation of property cycle turning points. We estimate state transition rates using an index from the UK property market to derive time variable probability.
Hence, the market value of a property is the probabilistic estimate of the price at which it will be sold.
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Which of the following list correctly iidentifies a few of the basic events all market economies share
Private property, freedom, self-interest, competition, minimum government intervention are the characteristics of a market economy.
Individual ownership of private property, The right to make a profit from private property and the law of supply and demand identifies a few of the basic events all market economies share.
Several fundamental principles are shared by market economies. First off, having private property as an individual gives one the freedom to possess and manage assets. Responsible resource management and investment are encouraged by this ownership. Second, one of the primary forces behind economic activity is the right to profit from private property. It promotes risk taking, innovation and entrepreneurship, which helps the economy grow.
The law of supply and demand is a foundational principle. According to this, the equilibrium between supply the amount that is readily available and demand (consumer preferences) determines the prices of goods and services. Collectively, these ideas create the framework for market economies encouraging competition, creativity and effective resource allocation.
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Which of the following list correctly identifies a few of the basic events all market economies share
Individual ownership of private property; the right to make a profit from private property; the law of supply and demand
Why would the insurance commissioner examine the records of an insurance company?
Each approved insurer's affairs, transactions, accounts, records, papers, and assets must be examined by the commissioner as often as they are deemed necessary.
A minimum of once every five years is required for the commissioner to conduct this type of examination on each insurer holding a certificate of authorization or certificate of registration. An alien insurer may only have its insurance dealings in the United States under examination.
The commissioner must take into account factors like financial statement analyses and ratios, changes in management or ownership, actuarial opinions, reports from independent certified public accountants, and other standards outlined in the examiner's handbook, which was adopted by the National Association of Insurance Commissioners and was in effect at the time the examination was scheduled and decided upon the nature, scope, and frequency.
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In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?
a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.
Answer:
ummmm...
Explanation:
clarisse wants to pick up her new air fryer at target. the air fryer had been out of stock, but customer service assured clarisse that she could pick it up on tuesday after 1 pm. what do target employees use to ensure the air fryer will be in stock at the store and ready for pick up?
Mobile Task Manager (MTM) is simply known to be well customize application or software. Target employees will make use of mobile task management technology to ensure the airfryer will be in stock at the store and ready for pick up.
The Mobile Task Manager is known to assist or helps engineers and property team members to manage service request and also work order and preventative maintenance tasks on the fly or easy way.It is said to have new features to improve functionality and its use.
A project management software also as a mobile app helps one to view one's software from your mobile device from anywhere at any time.
The full question is below
Clarisse wants to pick up her new air fryer at target. the air fryer had been out of stock, but customer service assured clarisse that she could pick it up on tuesday after 1 pm. what do target employees use to ensure the air fryer will be in stock at the store and ready for pick up. What do Target employees use to ensure the airfryer will be in stock at the store and ready for pick up?
O product development software
O mobile task management technology O advanced shipping notices fulfillment centers
O routing systems
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Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores
Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
A government subsidy to the producers of a product:
a) reduces product supply.
b) increases product supply.
c) reduces product demand.
d) increases product demand.
A government subsidy to the producers of a product increases product supply.
What is a subsidy from the government?Governments may promote specific industries or economic sectors with payments, tax rebates, or other financial incentives. Subsidies are meant to help or support what is thought to be a crucial component of the national economy or infrastructure.
Subsidies benefit who?A government incentive known as a subsidy is one that increases the availability of specific goods and services by providing money, grants, or tax exemptions to people or businesses. The availability of less expensive goods and commodities is made possible through subsidies.
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Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
Maximizing profits
Minimizing profits
Minimizing benefits
What affects employers’ decisions on how much to pay their workers is : Maximizing profits.
What is profit maximization?Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them to maximize profit.
Every company or organization goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.
Profit maximization is important as it can tend to lead to sustainable growth for companies which is why most companies make use of profit maximization strategy so as to make higher profit.
Therefore what affects employers’ decisions on how much to pay their workers is : Maximizing profits.
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what are 10 ways that people use percentages in their daily life
Answer:
Farming
School
shopping
thats all i got
Explanation:
Answer: Construction work, working on farms, working on cars, doing math problems at school or work, creating something, proving a point,
Explanation:Thats all i got
A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
carducci corporation reported net sales of $3.43 million and beginning total assets of $1.07 million and ending total assets of $1.47 million. the average total asset amount is: multiple choice $2.36 million. $1.96 million. $0.34 million. $1.27 million. $0.31 million.
The average total asset amount for Carducci Corporation can be calculated based on the given net sales, beginning total assets, and ending total assets which rounds up to $1.27 million.
To calculate the average total assets, we need to find the average of the beginning total assets and the ending total assets. The average is calculated by adding the two values and dividing the sum by 2.
Beginning total assets = $1.07 million
Ending total assets = $1.47 million
Average total assets = (Beginning total assets + Ending total assets) / 2
Average total assets = ($1.07 million + $1.47 million) / 2
Average total assets = $2.54 million / 2
Average total assets = $1.27 million
Therefore, the average total asset amount for Carducci Corporation is $1.27 million. This represents the average value of the company's total assets over the given period, considering both the beginning and ending balances. It provides a measure of the company's asset base and can be used for various financial analyses and performance evaluations.
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Word processing software
Video recording device like a camera or a phone
Throughout this course, you’ve been busy helping people in all kinds of careers solve issues or create projects in their line of work. Now it’s time to focus on you! In this activity, you will take the results from your O*Net Interest Profiler and the knowledge you’ve gained in the past units and use both to decide what might be a great career for you! You will put all this information together and create a Career Action Plan.
Part 1: Laying the Pathway
Save this word document as ‘Laying the Pathway.’
Part 2: Compiling the Paperwork
Great! You’ve laid out your pathway. Now, we need to gather all the papers you’ll need to apply for jobs.
Step 1: Resume
Now for the next part of your Career Action plan, the first thing you are going to do is create a resume. Create your resume document from a template. You might find one in your word processing program or by searching the internet for a free resume template. Then, make sure your resume contains the following components:
Is your resume filled in? Is it nice and neat, with everything spelled correctly? Great! Remember to save your Resume to include in your Career Action Plan.
Step 2: Cover Letter
Now, we will work on your cover letter. Remember, a cover letter is a document that explains in your own words and more detail why you are the perfect candidate for the job you are applying for. This is how your cover letter should break down:
Proofread your cover letter for errors. If you are satisfied with it, save it under ‘Cover Letter’ to include in your Career Action Plan.
Step 3: Job Application
With your resume and cover letter, you will usually need to fill out a job application that is specific to the company you are applying to. Much of the information will be a repeat of what is in your resume, but job applications make it easier for a human resources manager to know exactly where to look for specific information.
Use a search engine to find a free mock job application form. Take the information you put in your resume and fill out the job application. Save this as ‘Job Application.’
Part 3: It’s Time to Sell
You may not have chosen Marketing as your career pathway, but we all must sell a bit when it comes to finding a job. We are selling ourselves! In an interview, it is important to help the recruiter or employer to understand what you are all about and how you will be a benefit to the company. Look back over the tips you’ve learned so that you can put your best foot forward.
One thing that we must think about in interviews is proper business etiquette, or behavior. Remember when you were little, and your parents were constantly reminding you to ‘mind your manners’? Well, this idea of manners and polite behavior is especially important when you get a job. The way you act will reflect on the company that you work for, so if you are polite, hardworking, and courteous, this will benefit your employer. It will also make you much more likely to get along with your coworkers! Some rules of business etiquette include:
Being on time (show respect for others’ schedules)
Dressing appropriately (be a good visual representative of your company)
Speaking politely (use proper titles and avoid interrupting others or using bad language)
Avoiding gossip (don’t repeat things about coworkers)
Showing interest in others (make eye contact, don’t play with your phone while in a conversation)
Write emails respectfully (don’t be sarcastic, type in all caps, or fail to sign an email)
In this part of your Career Action Plan, you will video yourself during a mock interview. Have a partner read you the questions below (or if that is not possible, read them out loud to yourself). Then answer, looking at the camera as if it is the interviewer. Use appropriate business etiquette in your interview so that your prospective employer will want you to represent their company. Remember to speak clearly and smile!
Interview Questions
Can you tell me a little bit about yourself?
Why are you applying for this position?
What have you learned in your classes to prepare you for this position?
How would you be a good fit for this position?
What are your strengths and weaknesses?
Remember to answer all five questions in your interview. Save your video to upload with the rest of your plan. You can name it ‘Interview.’
You did it! Congratulations! You have completed your Career Action Plan.
Submit the following documents:
DO NOT DO VIDEO NOT NEEDED I WILL DO THAT
Multimedia tools are used in digital storytelling to bring stories to life. Digital stories can be used to convey an argument, reflect on a personal experience, teach a subject, or retell a historical event.
How can I advance in my profession?Use these 12 work success guidelines to begin experiencing career success.
a. Choose Your Job Carefully.
b. Always be learning.
c. Recognize the demands of your position.
d. Work as a team.
e. Assume Responsibility for All Your Actions.
A lifestyle career is what?Both people are capable of completing the duties necessary for their jobs, but their schedules will differ. "Work as a Lifestyle" gives businesses and employees the power to find balance, select the schedule that works best, and more.
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Who’s the intended audience in news articles
Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.
Who is a research's primary target audience?
The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.
Who are the media's intended consumers or target audiences?A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media
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List the five factors that affect the labor market.
Answer:
I think discrimination, unions, unemployment, income inequality, immigration
Answer:
immigration, discrimination, labor unions, unemployment, and income inequality between the rich and poor
If investment increases by $5 billion and the economy's mpc is 0.75, the aggregate demand curve will shift:__________
If investment increases by $5 billion and the economy's mpc is 0.75, the aggregate demand curve will shift rightward by $20 billion at each price level.
Equation :1 - MPC = MPS
Multiplier = 1/MPS
1-(.75)= .25
1/(.25)=4
(4) x $5billion = $20billion
Demand curve :A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost. Demand curves can be applied to the price-quantity connection for either a specific consumer or for every consumer in a given market.
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Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____?
$5,300
$2,000
Not enough information to determine assets
$3,300
Answer:
5300
Explanation:
assets=equitys +liabilities
_____ encompasses purchases of fixed assets abroad used in the manufacture and sales of goods and services.
Answer:
The correct answer is called capital goods. Give me Brainiliest
Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30,2016
Answer:
Financial Statements are the reports of a company which provide detailed information about company financial position. The Income statement reports the company revenues and expense for the period whereas Balance sheet reports the company assets and liabilities position.
Explanation:
The Maple Park Theaters Corp. has reported the net of $133,562 in its income statement. The company has planned for reinvesting the 80% of net income into the extension of park. The reinvestment decision is taken by the company management for the purpose of increase revenue. The decision seems to be correct as extension of park and its services will attract more people to the park and ultimately revenue will increase and so profit too.
you are an administrative assistant in the purchasing department. Another administrative assistant is getting married in three weeks. Rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. you have not seen an official announcement, however, the assistant did tell you that she plans not to come back. What should you say to your two coworkers?
In this situation, You should tell your coworkers that you are unsure and that it is not yet official announced.
Co - workers.
Co workers refers a person with whom one works, typically someone in a similar role or at a similar level within an organization.
Given,
Here we have given that, you are an administrative assistant in the purchasing department. And another administrative assistant is getting married in three weeks. There is a rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. Now, you have not seen an official announcement, however, the assistant did tell you that she plans not to come back.
Here we need to find how you should handle this situation.
While we looking into the given question, we have identified the following,
There are 2 administrative assistant in your company.
One is you and another one is a girl and she get married in three weeks. And she also planned to resign after her marriage but this resignation is not officially confirmed.
So, in this situation, two of your peer interested for the position and asking you about the recruitment process.
Here you have to reply the co workers that the resignation is not conformed and if it is officially announced they you have the option to apply for that position.
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