How much do supply manacle co-ordinator's attain compensated?
WIth one year experience...Answers: They get compensated around lb20k at our place.
around 20k
Accounting quiz?
what's the difference between "allowance for doubtful accounts" and "bad debt expense"?Answers: The first answer be mostly correct.
Bad Debt expense is a P&L account showing the expense against income. This would include both the amount set up surrounded by the allowance for doubtful accounts and accounts written off directly to accounts receivable.
Allowance for doubtful accounts is the counter to receivables for potential bad debts. Sometimes it is a percent of receivables beside no specific accounts. It is often carried forward from year to year.
Potential entries are
debit desperate debt credit allowance
Debt allowance credit receivables
Debit bad debt credit receivables.
"allowance for doubtful accounts" is a stability sheet account that reduce accounts receivables.
the "bde" is an income statement account that shows income reduction.
To me, it's the distinction between "bad" and "doubtful". A debt that is doubtful might still be collectible. A doomed to failure debt has no luck of being collected. Once you know a debt is bleak, you write it off. You don't allow for a desperate debt. Terms like "allowance for desperate debts" are just wrong. The entry for writing sour a bad debt is:
Dr Bad debt written stale xx
Cr A/cs receivable xx
When a debt is merely doubtful, you can allow for it, and the entry is:
Dr Doubtful accounts expense
Cr Allowance for doubtful debts (which is a contra a/c against AR)
When a chief Financial Officer Resigns, doesn't that be going to financial problems ahead?
Reasons why my question is forthright is, first Merck terminated contract, very soon P&G terminated a contract, and strike three is the departure of the Chief Financial Officer in my book, in connection with NSTK! Obviously, he see's the writing on the wall. This has to be a detail tale sign for sure!The entertainment is over and the oil okay is drying up for management.
Still, it have been lucrative for them for years so I'm sure they are financially protected. But as I've always stated, it's the little investor who get hurt in the pocket. supervision makes hundreds of millions while they are employed and investors loose hundreds of millions investing within the company. And it's all permissible!
Only in America, on the other hand the jails are complete with criminals who get hold of caught! But it's the game on wall street beside this type of companies
where the actual winners are the insiders. And how stupid are the financial institutions who are still contained by this stock? What do they care, it's not their money really.
Answers: Not necessarily, but it is a point of concern
Not necessarily. Sometimes a CEO resigning can be a virtuous thing, and a sign of better days ahead.