Answer:
1. Allowance for uncollectible accounts A/c Dr $15,000
To Account receivable A/c $15,000
(Being write off amount is recorded)
2. $1,000 debit
Explanation:
1. The journal entry is shown below:
Allowance for uncollectible accounts A/c Dr $15,000
To Account receivable A/c $15,000
(Being write off amount is recorded)
2. And, the balance of Allowance for Uncollectible Accounts would be
= Beginning balance of estimated uncollectible accounts - written off balance
= $14,000 - $15,000
= $1,000 debit
Answer:
They use various statistical measures of data that help them in predicting the probability of the rise or fall in production or any other aspect like the job loss or the FDI and many aspects of the economy.
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Answer:
the action of diversifying something or the fact of becoming more diverse
Explanation:
I believe the answer is: goodwill with trade partners
Protectionism refers to the act of protecting local businesses by imposing tariff or quota to the goods that come from another countries. When a country impose these, the other countries would usually retaliate by doing the same thing for the goods from our country (Decrease in goodwill)
COMPLETE PROBLEM
Lana, a ten-year-old child, is run over by a car negligently driven by Mitchell. Lana, at the time of the accident, was acting reasonably and without negligence. Clark, a newspaper reporter, photographs Lana while she is lying in the street in great pain. Two years later, Perry, the publisher of a newspaper, prints Clark's picture of Lana in his newspaper as a lead to an article concerning the negligence of children. The caption under the picture reads: "They ask to be killed." Lana, who has recovered from the accident, brings suit against Clark and Perry. What result? Explain.
Explanation:
Judgement for Lana against Perry but not against Clark. The facts make out a case against Perry for the tort of invasion of privacy in particular placing another in a false light (INVASION OF PRIVACY:FALSE LIGHT). Section 652E of the restatement imposes liability for publicity which places another in a false light. It is unlikely that Perry could utilize the first amendment as a defense because Lana was neither a public official nor a public figure. Even if that defense were available, it is forfeited if Perry acted with "malice", which appears to be the case here because Perry acted in reckless disregard of the truth. Clark did not commit the tort of intrusion because he photographed an event that occurred in public.