Answer:
The Journal entries are as follows:
(a)
Bad Debt Expense A/c Dr. $440
To Allowance for Doubtful Accounts $440
(To record the bad debts)
Workings:
Bad Debt Expense = 1% of Total revenue
= 0.01 × $44,000
= $440
(b)
Bad Debt Expense A/c Dr. $439.34
To Allowance for Doubtful Accounts $439.34
(To record the bad debts)
Workings:
Bad Debt Expense = 2% of accounts receivable
= 0.02 × $21,967
= $439.34
Answer: a. Anticipate the effect your message will have on the receiver.
b. Analyze the bad-news situation
Explanation:
In the Phase 1 of the writing process, it is required that one should analyze the bad-news situation, and then anticipate the effect that such news will on have on the receiver. After this has been one, the message will then be adapted accordingly.
In a scenario whereby it's anticipated that the reader will be upset about the news, then the message might be reshaped so that the reader won't be angry.
2002 Alan cocoa so 20 characters is dodo
Companies must follow generally accepted accounting principles (gaap) for international financial reporting standards accounting reports
<h3><u>What are international financial reporting standards ?</u></h3>
- The International Financial Reporting Standards (IFRS) are a group of accounting guidelines that specify which kinds of transactions and events must be disclosed in financial statements.
- The International Accounting Standards Board created and maintains them (IASB).
- The IASB wants the rules to be implemented consistently across the world so that investors and other users of financial statements may compare the financial performance of publicly traded firms with that of their worldwide peers on an equal footing.
- More than 100 nations, including the European Union and more than two-thirds of the G20, currently utilize IFRS.
- International Accounting Standards (IAS), which were more traditional standards that IFRS superseded in 2000, are occasionally mistaken with IFRS.
To view more about GAAP refer to:
brainly.com/question/14957399
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Income demand curve ? Well I know it probably has something to do with money
