Answer:
the social cost of production exceeds the private cost of production.
Explanation:
The cost of natural resources for which the firms are not required to pay, for example, river, lake, atmosphere, etc. The use of public utility services such as roadways, drainage systems, etc. The cost of 'disutility' created through pollution (air, water, noise, environment).
Answer:
Debit Allowance for doubtful debts $1,200
Credit Accounts receivable $1,200
Being entries to write off uncollectible debt on December 1
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.
Answer:
$82,000
Explanation:
Jackson manufacturing company has a beginning inventory of $23,000
The recorded inventory purchases is $125,000
The cost of goods sold is $66,000
Therefore the ending inventory can be calculated as follows
= $23,000+$125,000-$66,000
= $148,000-$66,000
= $82,000
Answer:
just copy and paste something random in there, they only grade it for completing it they don't go back and check
Explanation:
I take that class in edmentum