Answer:
$8500
Explanation:
Beg AP bal = 3000
Sold 1/2 of merch on acct = add 2500
Paid suppliers = subtract 1000
Bought more merch on acct = add 4000
3000 + 2500 - 1000 + 4000 = 8500
Ending AP bal = 8500
1.50*300=$450
0.5*350=$175
(175/450)*100=39%
Real GDP in 2012 is 39%
Answer:
The amount of Bad Debt Expense reported in 2019 was $16,100.
Explanation:
Our concern is mainly on the allowance for doubtful accounts. Based on the facts given in the question, the opening balance of the allowance account was $79,900 credit balance, while the closing balance was $96,000 credit. Since there were no write-offs or recoveries during 2019, the bad debt expense is simply the difference between the closing balance and the opening balance i.e, $96,000 - $79,900 = $16,100.
The journal entries will be:
Debit Bad debt expense $16,100
Credit Allowance for doubtful account $16,100
<em>(To record the bad debt expense for 2019) </em>
Answer:
maybe he earned 5000 more
Explanation:
5000+5000=10000
Answer:
The answer is B.F. Skinner.
Explanation:
B.F. Skinner showed that people learn to behave in certain ways because of reinforcement. He is considered the father of this theory. Conversely, Sigmund Freud proposed classical conditioning.