Answer:
allowance for doubtful accounts 4,245 debit
accounts receivables 4,245 credit
--to record write-off of Madonna Inc account--
Explanation:
<em>Prepare the journal entry to record the write-off. </em>
To record the write-off we will decrease both, the allowance and the accounts receivable for the amount we consider uncollectible. Under allowance method the company never uses bad debt expense at write-off it only does at year-end adjustment
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Answer:
The correct words for the blank spaces are: Emotional Intelligence; Relationship Management.
Explanation:
Emotional Intelligence refers to the ability individuals have to control their emotions in reference to the interactions they have with others. Emotional Intelligence has four (4) factors: <em>Self-Awareness, Self-Management, Social Awareness, </em>and <em>Relationship Management</em>.
Relationship management involves getting along with others, handling conflict effectively, and using sensitivity to manage interactions successfully.