When comparing the direct write-off method and the allowance method of accounting for uncollectible accounts, the entry to reinstate a previously written off accounts under the allowance method would include:
A) A credit to Bad Debt Expense
B) A debit to Bad Debt Expense
C) A debit to Allowance for Doubtful Accounts
D) A credit to Allowance for Doubtful Accounts
D
You might also like to view...
RioFit was recently issued a citation for a violation of OSHA. This is RioFit's first violation, and the company has demonstrated sincere effort to comply with OSHA. It is likely that
A. if this was a willful violation, RioFit will be fined the maximum of $500,000. B. OSHA would adjust RioFit's penalty down from the established standards. C. OSHA will assess a penalty in line with established standards. D. if this was not a willful violation, RioFit will get just a warning.
________ occurs when the person fights the threat in the General Adaptation Syndrome.
a. Exhaustion b. Work overload c. Resistance d. Alarm
As a start-up company, DigiWrist entered the low end of the highly competitive smartwatch industry with its low-cost smartwatches. Initially, the company was able to sell its inferior technology due to its low prices. Over the years, however, its rate of technology improvements increased above the industry standards. This helped the company to create a strong strategic position for its smartwatches in the high-end segment and claim a premium price. Which of the following types of innovation does this scenario best illustrate?
A. disruptive innovation B. incremental innovation C. architectural innovation D. radical innovation
The two most widely used public key algorithms are RSA and _________ .
What will be an ideal response?