Diaz company uses the allowance method to account for bad debts. they use the balance sheet approach to estimate the amount of uncollectible accounts.
you have been asked to assist the company in preparing the adjusting entry to record bad debts expense for the year. you review the end of the year accounting information and find the following:
net sales for the year, $676,000. this includes $51,000 of cash sales;

ending balance in accounts receivable, $110,000;

ending balance in the allowance for bad debts account, $871 (debit balance).
after discussions with company management, you determine that 3% of accounts receivable is a reasonable estimate of uncollectible accounts. required:
journalize the entry to record bad debts expense for the year ended december 31.

Of the roles commonly found in the development, maintenance, and compliance efforts related to a policy and standards library, which of the following has the responsibilities of directing policies and procedures designed to protect information resources, identifying vulnerabilities, and developing a security awareness program?

Jackson is preparing for his hearing before the federal communications commission (fcc) involving a complaint that was filed against him by the fcc regarding the interruption of radio frequency. the order to "cease and desist" using the radio frequency has had a detrimental impact on his business. once the administrative law judge prepares his or her initial order, jackson has no further options. no, jackson can request that the matter be reviewed by an agency board or commission. yes, once the initial order is presented, it's only a matter of time before the order becomes final.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.