On January 16, Whole Circle, Inc sold $5,000 merchandise to Smith, on account. Whole Circle could not collect cash from Smith and wrote off the account. Prepare a journal entry to record the write-off, assuming Whole Circle uses the allowance method
What will be an ideal response
Allowance for Bad Debts 5,000
Accounts Receivable—Smith 5,000
Business
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Formal work groups are composed of members from: (Choose all that apply.)
-different departments. -the community and customer groups. -customer groups. -different cultures or countries.
Business
According to Mendenhall and Oddou, perceptual ability refers to:
A. an expatriate's willingness to use the host-country language. B. an expatriate's ability to strengthen his or her self-esteem. C. an expatriate's ability to empathize. D. the relationship between the country of assignment and how well an expatriate adjusts to a particular posting. E. the ability to develop long-lasting friendships with host-country nationals.
Business