Answer:
<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>
1. Gross accounts Receivable = Allowance Account balance at beginning / 10%
= $30,000 / 10%
= $300,000
2. Year Account Title Debit Credit
2021 Bad debt expense $105,000
($500,000*10% + $55,000)
To Allowance for Doubtful Accounts $105,000
3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account
= $30,000 - (- $50,000)
= $30,000 + $50,000
= $80,000
4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000
Home raids, Car searches, Phone searches. Anything that the government or the authorities do not have a warrent to look through, they cannot lawfully look through it.
Answer:
Test answer
Explanation:
Please delete that answer
Answer:
B. Augmented products.
Explanation:
An augmented product has been improved by its seller with added features or services to recognize it from a similar product offered by its rivals. Augmenting a product includes adding intangible benefits or additional items that go past the product itself.
The actual product is the core product, whereas given by the Plezion Movie Palace to its customers is the augmented product.
Answer:
Cost of 1 hamburger and 1 shake is $1.89
Explanation:
Assume:
Cost of hamburgers = h
Cost of milkshakes = m
For Jack
2h + 3m = $4.21.......Eq1
For Jill
3h + 2m = $5.24.........Eq2
Eq1 + Eq2
5h + 5m = 9.45
divide by 5
h + m = $1.89
So,
Cost of 1 hamburger and 1 shake is $1.89
