TRUE / FALSE. when you need to convey simple or straightforward information to your manager, it is best to use oral communication, because it is more efficient than other forms of communication.
Answers
The statement "when you need to convey simple or straightforward information to your manager, it is best to use oral communication" is false because it is not always the best or most efficient form of communication
The choice of communication method depends on various factors such as the nature of the information, the context, and the preferences of the individuals involved. In some cases, written communication may be more appropriate, especially when there is a need for documentation, clarity, or detailed instructions.
Written communication allows the recipient to refer back to the information and provides a record of the communication. Additionally, written communication can be more effective when dealing with complex or technical information that requires careful analysis and understanding.
Ultimately, the choice of communication method should be based on the specific requirements of the situation and the needs of both the sender and the receiver.
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Related Questions
the first step in the decision-making process involves
Answers
In the decision-making process, the first step involves identifying and defining the problem or the decision that needs to be made. This step is crucial as it sets the foundation for the rest of the process.
To identify and define the problem, you need to clearly understand the situation and determine what needs to be resolved or achieved. This requires gathering relevant information and facts, analyzing the current state, and determining the desired outcome.
For example, let's say you need to decide which college to attend. The first step would be to identify and define the problem, which is choosing a college. To do this, you would consider factors such as location, cost, program offerings, campus facilities, and reputation. By gathering information and analyzing these factors, you can identify the problem and understand what you are trying to achieve.
In summary, the first step in the decision-making process is to identify and define the problem or decision that needs to be made. This involves gathering information, analyzing the situation, and determining the desired outcome. This step sets the stage for the subsequent steps in the decision-making process.
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Housemate, inc., makes and sells a variety of household products. With a fair amount of certainty, housemate's decision makers can predict whether a given business action would be legal in?
Answers
With a fair amount of certainty, housemate's decision makers can predict whether a given business action would be legal in many situations
What is business action?A Business Action Plan's objective is to outline what resources are required to achieve the goal, provide a timeline of what precise activities must be performed, and determine what resources are required to achieve that business's goal.
Determine the resources required: procurement of equipment and supplies; determining workforce requirements; budgeting Determine your competition's advantage over you; discover business issues. Establish a timetable for when activities must be finished.
A business plan's three main goals are to 1) develop an effective growth strategy, 2) determine your future financial needs, and 3) attract investors (including angel investors and VC investment) and lenders.
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The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answers
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
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Based on the Wall Street Journal article For Small Businesses, it's a Virus Chain Reaction, discuss how the ripple effect caused by one restaurant's misfortune, could possibly lead the United States into a new era of Economic Depression.
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The ripple effect caused by the misfortune of one restaurant, as discussed in the Wall Street Journal article "For Small Businesses, it's a Virus Chain Reaction," has the potential to lead the United States into a new era of economic depression.
The article highlights the interconnectedness of small businesses in the economy and how the struggles faced by one business can have far-reaching consequences. In the case of a restaurant, if it faces financial difficulties and is forced to close down, it can have a ripple effect on various stakeholders and sectors.
Suppliers who provided goods to the restaurant may lose a significant portion of their business, leading to their own financial challenges. Employees of the restaurant may lose their jobs, leading to reduced consumer spending and affecting other businesses in the community.
Additionally, the closure of the restaurant can result in reduced tax revenues for the local government and a decrease in overall economic activity.
If such closures and economic challenges spread across multiple industries and regions, it can create a downward spiral, potentially leading to a prolonged period of economic depression.
This scenario is especially concerning when multiple businesses face financial strain simultaneously, as seen during the COVID-19 pandemic. The interconnected nature of the economy highlights the importance of supporting small businesses and maintaining their stability to prevent a chain reaction that could negatively impact the overall economy.
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How does a reciprocal open source licence differ from a
non-reciprocal open source licence?
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A reciprocal open source license, also known as a copyleft license, requires that any derivative work or modifications made to the original open source software must also be distributed under the same license.
A reciprocal open source license, such as the GNU General Public License (GPL), ensures that any modifications or derivative works created from the original open source software must be released under the same license terms. This means that the source code of the derivative work must be made freely available and accessible to others.
The purpose of reciprocal licenses is to ensure that any improvements made to the software remain open and accessible to the community.
In contrast, a non-reciprocal open source license, such as the MIT License or Apache License, allows for more flexibility in how the software can be used and distributed. These licenses generally require that the original copyright and license notices are preserved, but they do not impose the same obligation to release derivative works under the same license.
This allows for more permissive use, modification, and incorporation of the software into proprietary projects without the requirement of making the source code freely available.
The choice between reciprocal and non-reciprocal open source licenses depends on the goals and preferences of the software developer or organization. Reciprocal licenses promote the open sharing of software and encourage contributions back to the community, while non-reciprocal licenses offer more freedom and flexibility for incorporating the software into various projects.
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When Claudia, a U.S. citizen, purchases a handbag made in France, the purchase is
a) both a U.S. and French import
b) a U.S export and a French import
c) a U.S. import and a French export.
d) neither an export nor an import for either country.
Answers
The goal of a process costing system is to allocate the cost of each production process to the products that pass through it.
This system is used when products are produced in large quantities through a series of sequential production processes. In a process costing system, costs are transferred from one work in process (WIP) inventory account to the next, along with the units.
To allocate costs to the units, a predetermined overhead rate is calculated for each process. This rate is based on the estimated cost of the process and the estimated number of units that will pass through it.
The actual cost of the process is then compared to the estimated cost, and any difference is allocated to the units that pass through it.
At the end of the production process, the total cost of the products is calculated by adding up the cost of each process. This total cost is then divided by the total number of units produced to determine the unit cost of the products.
Overall, a process costing system is useful for businesses that produce large quantities of identical products, such as food or beverages, chemicals, or electronics. It allows them to accurately allocate costs to the products and determine their profitability.
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Prior to 1990, the United States imposed a tax, known as a(n) ________, on automobiles imported from Mexico. Multiple Choice licensing fee tariff import quota embargo export quota
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Prior to 1990, Mexico-origin automotive imports were subject to a tariff, which is a type of tax.
What is tax shortened?The definition of tax given by the Britannica Dictionary is: an amount of cash that a government imposes on citizens in proportion to their income, the worth of their land, etc., that is used fund the government's activities.
Why do we have to pay taxes?Taxes are used by governments to pay finance internal operations, infrastructure improvements, public health, education, and security. Certain common tax lingo can be confusing. Understanding what these mean will improve our comprehension of how taxes operate and are determined.
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Going concern value includes an operating business with ______________________ assets.
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Going concern value includes an operating business with tangible and intangible assets.
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The going concern value encompasses an operating business with tangible assets like buildings and machinery, as well as intangible assets like intellectual property and brand reputation, all of which contribute to the business's value and ability to continue operating.
The going concern value refers to the worth of a business as a functioning entity, assuming it will continue to operate in the foreseeable future. It includes an operating business with tangible and intangible assets.
Tangible assets are physical assets that have a definite value and can be touched or seen, such as buildings, machinery, inventory, and cash. These assets contribute to the business's value by providing the means to generate revenue and sustain operations.
Intangible assets, on the other hand, are non-physical assets that lack a physical form but have value, such as intellectual property, trademarks, patents, copyrights, and brand reputation. These intangibles play a crucial role in the business's value as they contribute to its competitive advantage, customer loyalty, and long-term profitability.
For example, consider a software company. Its tangible assets might include its office building, computer equipment, and cash reserves. Its intangible assets could include its software patents, copyrights, and brand recognition. Together, these assets contribute to the company's going concern value.
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The following information relates to the manufacturing operations of trevino golf company during the month of march. The company uses job order costing.
a. purchases of direct materials during the month amount to $54,000. (all purchases were made on account.)
b. materials requisitions issued by the production department during the month total $55
c. time cards of direct workers show 2,000 hours worked on various jobs during the month, for a total direct labor cost of $32
d. direct workers were paid $27,000 in march e. actual overhead costs for the month amount to $33,000 (for simplicity, you may credit accounts payable).
f. overhead is applied to jobs at a rate of $18 per direct labor g. jobs with total accumulated costs of $110,000 were completed during the month
h. during march, units costing $120,000 were sold for $220,000. (all sales were made on account.)
i. any balance remaining in the manufacturing overhead control account at the end of the month is closed directly to cost of goods sold.
Required: Prepare general Journal entries to summarize each of these transactions in the company's general ledger accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answers
Here are the general journal entries to summarize each of the transactions in Trevino Golf Company's general ledger accounts:
a. Purchases of direct materials during the month:
Materials Inventory (Raw Materials) $54,000
Accounts Payable $54,000
b. Materials requisitions issued by the production department:
Work in Process Inventory $55
Materials Inventory (Raw Materials) $55
c. Direct labor cost incurred during the month:
Work in Process Inventory $32
Wages Payable $32
d. Direct workers were paid in March:
Wages Payable $27,000
Cash $27,000
e. Actual overhead costs for the month:
Manufacturing Overhead Control $33,000
Accounts Payable $33,000
f. Overhead applied to jobs:
Work in Process Inventory $36,000 (2,000 hours x $18)
Manufacturing Overhead Control $36,000
g. Jobs completed during the month:
Work in Process Inventory $110,000
Finished Goods Inventory $110,000
h. Sales made during March:
Accounts Receivable $220,000
Sales $220,000
Cost of Goods Sold $120,000
Finished Goods Inventory $120,000
i. Closing of remaining manufacturing overhead balance:
Manufacturing Overhead Control $33,000
Cost of Goods Sold $33,000
The journal entries provided are based on the information given, but it is always advisable to consult with an accounting professional to ensure accuracy and compliance with accounting standards and specific business requirements.
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Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Which situation best illustrates the role of households in the circular flow of
goods?
A. A runner buys a new pair of athletic shoes.
B. A website sells cheap books and magazines.
C. A factory produces screws used to build furniture.
O D. A company designs websites for big businesses.
Answers
A runner buys a new pair of athletic shoes best illustrates the role of households in the circular flow of goods. Thus, option A is correct.
What is circular flow of goods?The circular flow is the continuous movement of revenue, expenditure, and the production of products and services in an economy.
It demonstrates the circular redistribution of revenue between the producing unit and households. They include entrepreneurship, labor, capital, and land. Rent is the fee received in exchange for the fixed natural resource( also known as land)contribution. Wage is the comprehension received for the contributions made by human worker. Interest is the compensation received for the capital contribution. Profit is the reward for the contribution produce by the enterprise.
Therefore, we can conclude that option A is correct.
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If firms increase investment, the aggregate expenditures function will shift downward, other things being equal. T/F
Answers
This statement is false. If firms increase investment, it will increase the aggregate expenditures (AE) function, which represents the total spending in an economy.
The AE function is the sum of consumption, investment, government spending, and net exports. Investment is one of the components of AE, and an increase in investment will cause an upward shift of the AE function, meaning there will be an increase in total spending in the economy. The aggregate expenditures function is an important concept in macroeconomics, as it helps to explain how changes in spending affect the level of output and employment in an economy. By understanding the relationship between the different components of the AE function, policymakers can use various tools, such as monetary and fiscal policy, to stabilize the economy and promote long-term growth.
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Required-: JOURNAL ENTRY
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque
please help Me with this.
I'm still confused in it.
Answers
Explanation:
Given:
Paid 28,000 in full settlement
Explanation:
Books of (......LTD)
Journal entries
Particular Debit Credit
Sansee stores A/C DR. 30,000
To Discount A/C CR 2,000
To Bank A/C CR 28,000
Monopolistically competitive firms are likely to have ______________ prices in the long run than will occur in a perfectly competitive industry producing similar goods.a. higherb. smallerc. the same asd. one cannot tell
Answers
Out of the choices provided above, it can be said that monopolistically competitive firms are likely to have higher prices in the long run than will occur in a perfectly competitive industry producing similar goods. Therefore, the option A holds true.
A monopolistic competition can be referred to or considered as a form of market structure wherein only a single seller holds a dominating position in the market with respect to the supply of a particular good or service. The other firms in such market do not have a dominating or a significant share in the market, and thus, there is a perfect competition being formed in the long run, wherein the prices of the goods are usually higher.
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Type the correct answer in the box.
Which strategy are you following if you are concentrating on serving a particular segment of customers better?
You are following the_______
strategy if you are concentrating on serving a particular segment of customers better.
Answers
Answer:
Targeting Strategy
which businesses need to write business plans? multiple choice only businesses that are structured as corporations are required to create a business plan. only subsets of the three major ownership forms need to write business plans due to their complexity. all businesses should write business plans to create a framework for success. only businesses that hire employees need to create a business plan. in reality, only businesses that are complex need to write business plans.
Answers
All businesses should write business plans to create a framework for success.
A business plan is an essential document that should be in place before any new company starts up. In fact, before deciding whether to offer funds to new enterprises, banks and venture capital organizations frequently need to see a strong business plan.
It is always a smart idea to have strong leadership that is committed to the plan. Even if you follow the plan, if you used inaccurate assumptions when developing your estimations, you can still experience cash flow issues and unmanageable budgets. Markets and economies are dynamic systems. If flexibility isn't taken into account in your business plan, you might not be able to make essential course corrections.
Operating without a business strategy is generally a bad idea. In reality, very few companies can function without one for an extended period of time. Creating (and following) a strong business plan provides benefits. These abilities include the ability to study concepts carefully before investing a lot of resources in them and to get beyond potential obstacles in the way of success.
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The tendency for managers to compare the performance of divisions within a company to each other using the same metrics regardless of each division's unique characteristics is known as _____ bias. a.surrogation b.division c.metrics dmon measures
Answers
Answer:
Metrics Bias.
Explanation:
Metrics is defined as a standard of measurement while bias can be explained to occur when there is lack of fairness in arriving at a decision.
Using the same metrics within a company to evaluate the performance of different divisions where each division has its own unique characteristics will not give a fair decision and due to metrics bias as the metrics used may tend to favor some divisions more than others.
Jensen reported the following items during the current year: Fair rent value of a condominium owned by Jensen's employer $ 1,400 Cash found in a desk purchased for $30 at a flea market 400 Inheritance 11,000 The employer allowed Jensen to use the condominium for free in recognition of outstanding achievement. Based on this information, what is Jensen's gross income for the year
Answers
Answer:
$1,800
Explanation:
Calculation to determine Jensen's gross income for the year
Using this formula
Gross income for the year=Fair rent value +Cash found
Let plug in the formula
Gross income for the year=$1,400+$400
Gross income for the year=$1,800
Therefore Jensen's gross income for the year is $1,800
differentiate between problem solving skills and analytical skills
Answers
Explanation:
Analytical skills are kind of problem-solving skill. They allow you to evaluate problems, both simple and complex. This skill incorporates many skills like attention to detail, critical thinking ability, decision-making, and researching skills in order to analyze a question or problem and reach a solution.
If the 17 percent interest rate quoted on Dave’s loan had been
compounded monthly, what would have been the effective annual
interest rate charged on the loan? (Round your answer to 2 decimal
places
Answers
Rounding the result to 2 decimal places, the effective annual interest rate charged on the loan would be approximately 19.56%.
To calculate the effective annual interest rate (EAR) when the interest rate is compounded monthly, we can use the formula:
EAR = (1 + (nominal interest rate / number of compounding periods))^number of compounding periods - 1
In this case, the nominal interest rate is 17% and it is compounded monthly. Thus, the number of compounding periods in a year is 12.
Plugging in the values into the formula:
EAR = (1 + (0.17 / 12))^12 - 1
Calculating this expression, we find:
EAR ≈ 0.1956
Rounding the result to 2 decimal places, the effective annual interest rate charged on the loan would be approximately 19.56%.
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Once you turn 18, if you choose one of the 4 options for accessing credit, how will you be sure you use that credit responsibly?
Answers
Answer:
What's the four options?
Everything you buy with your credit card will cost more because of the interest you pay. By paying off your entire balance each month, you demonstrate to lenders that you are a trustworthy borrower. Your credit score will suffer if you frequently make late payments or completely skip payments.
What accessing credit, use that credit responsibly?Credit is intended to enhance our financial security. When handled wisely, credit can give us the opportunity to buy the items we need and want right away in situations when cash is not always an option.
Responsible behavior is undoubtedly greatly influenced by external factors, but it is also greatly influenced by social cognition and emotion. Examples include continuing to make payments on schedule, paying down debt, and taking care of past-due bills.
Therefore, Responsible behavior requires internal desire and direction, not only conformity with the law as a result of external supervision, rewards, and penalties.
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You are required to fire a worker for persistent absenteeism, but you know that her absence is because she is caring for her father who is in the advanced stage of Alzheimer’s disease. You feel that the organization is being inhumane in its attitude, but your boss remains insistent. What would you do?
Answers
John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answers
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
Can someone pls help ASAP pls
Answers
Van Lines Inc. is a large corporation operating in all 50 states. Jim Poulos is the regional manager overseeing the western division, which includes Utah, Colorado, Idaho, Montana, Wyoming, and Nevada. Jim receives data from his managers in each state that he loads into his digital dashboard for analysis of his entire division. What digital dashboard capability is Jim primarily using
Answers
Jim Poulos, the regional manager overseeing the western division, which includes Utah, Colorado, Idaho, Montana, Wyoming, and Nevada, is primarily using the digital dashboard capability of data analysis.
A digital dashboard is a business intelligence tool that is used to present information in a simplified and visual manner. A digital dashboard presents data from various sources in a single place. It also includes information about a company's performance and metrics in real-time. A digital dashboard is capable of showing data from various departments, including finance, human resources, marketing, sales, and others. The dashboard’s primary function is to provide an overview of the organization's performance with data visualizations for informed decisions. Jim receives data from his managers in each state, which he then loads into his digital dashboard for analysis of his entire division.
He can use data analysis as a digital dashboard capability to assess his division's performance, identify areas of opportunity, and track overall progress. Data analysis allows Jim to examine large amounts of data and draw conclusions based on that data. He can also create charts and graphs to visually represent the data and make it easier to comprehend. Hence, data analysis is the primary digital dashboard capability that Jim Poulos is primarily using.
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consideran que las costumbres y tradiciones deben mantenerse ala nueva generación
Answers
Answer:
Efectivamente, considero que las costumbres y tradiciones deben mantenerse en las nuevas generaciones, pues forman parte de la idiosincrasia y la identidad de un pueblo, sociedad o nación. De esta manera, a través del mantenimiento de estas costumbres y tradiciones, las nuevas generaciones seguirán sintiendo una especial pertenencia a su patria, y mantendrán un vínculo que los ligará con esta y con sus compatriotas, puesto que las costumbres y tradiciones son parte esencial de la identidad de una nación.
True or false: A protective tariff is designed to raise money for the government. True false question. True False
Answers
Base on research, it can be deduced that it is true that A protective tariff is designed to raise money for the government because it is enacted to raise fund.
What is protective Tariff?Protective Tariff refer to a tariff or duty paid on imported goods by citizen which is enacted by the government to raise money of fund for domestic companies so as to increase their productivity. The protective tariff is paid on imported goods and it is more compared to the one paid on exported goods, this is done to protect domestic companies.
Therefore, A protective tariff is a duty paid on imported goods, enacted by the the government to raise money.
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An organization wants to form a strategic alliance with another form. The second firm is at the same level along the value chain. It cannot contribute the same level of financial resources, although it can contribute an extensive level of knowledge. In order to accommodate these factors, they decide to start a legally independent firm. Which of the following alliances will be best suited for the organization?
1) An equity alliance
2) A distribution agreement
3) A contractual alliance
4) A joint venture
Answers
Answer:
A distribution aggreement will be best suited for the organization.
What protects consumers against harm from products on the market? Franchises Profit Motives Private property rights Government Regulations
Answers
Problem 5-3A (Algo) Record transactions related to accounts receivable ( LO5-3, 5-4, 5-5) The following events occur for The Benson Corporation during 2024 and 2025 , its first two years of operations. June 12,2024 Provide services to customers on account for $38,600. September 17,2024 Receive $22,500 from customers on account. December 31, 2024 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $53,009. May 20,2025 Receive $10,000 from customers for services provided in 2024. July 2, 2025 . Write off the remaining amounts owed from services prłvided in 2024. October 19,2025 Receive $42,500 from custoners for services provided in 2025 December 31,2025 Estimate that 45% of accounts receivable at the end of the year wil1 not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash. Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025.
Answers
In the following question, among the various parts to solve on Problem 5-3A (Algo) Record transactions related to accounts receivable.
To record transactions related to accounts receivable for The Benson Corporation during 2024 and 2025, follow these steps:
1. Record transactions for each date:
June 12, 2024:
- Debit Accounts Receivable for $38,600
- Credit Service Revenue for $38,600
September 17, 2024:
- Debit Cash for $22,500
- Credit Accounts Receivable for $22,500
December 31, 2024:
- Debit Bad Debt Expense for $17,355 (45% of $38,600)
- Credit Allowance for Uncollectible Accounts for $17,355
March 4, 2025:
- Debit Accounts Receivable for $53,009
- Credit Service Revenue for $53,009
May 20, 2025:
- Debit Cash for $10,000
- Credit Accounts Receivable for $10,000
July 2, 2025:
- Debit Allowance for Uncollectible Accounts for $6,245 (Remaining balance from 2024)
- Credit Accounts Receivable for $6,245
October 19, 2025:
- Debit Cash for $42,500
- Credit Accounts Receivable for $42,500
December 31, 2025:
- Debit Bad Debt Expense for $4,729.55 (45% of remaining accounts receivable)
- Credit Allowance for Uncollectible Accounts for $4,729.55
2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025:
End of 2024:
- Accounts Receivable: $38,600 - $22,500 = $16,100
- Less: Allowance for Uncollectible Accounts: $17,355
- Net Accounts Receivable: -$1,255
End of 2025:
- Accounts Receivable: $53,009 - $10,000 - $42,500 + $6,245 = $6,754
- Less: Allowance for Uncollectible Accounts: $4,729.55
- Net Accounts Receivable: $2,024.45
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