What is the purpose of using a direct write-off method?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
The direct write off method recognizes a Bad Deb...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
Question Posted:
Students also viewed these Cost Accounting questions
-
What is the purpose of using a mnemonic code for data?
-
What is the purpose of using a Pareto chart for a given problem?
-
What is the purpose of using a "salt" along with the user-provided password? Where should the "salt" be stored, and how should it be used?
-
Create a Stored Procedure: Stored procedures allow you to make changes to the database structure and manage performance without needing to rewrite applications or deploy application updates. In this...
-
(a) Compute the current I = dQ/dt from the solution of Equation 31-47b given in Problem 91, and show that Where I 0 = Q 0 . (b) Show that this can be written Where tan = R/2L. When R/2L is small,...
-
One of the stages in the process of making denim cloth at the Southern Mills Company is to spin cotton yarn onto spindles for subsequent use in the weaving process. Occasionally the yarn breaks...
-
Regional Hospital is a 500-bed hospital and several associated clinics in a major East Coast metropolitan area. It has been an aggressive adopter of computing technologies in efforts to decrease...
-
The income statement accounts for the Monroe Realty Company at the end of its fiscal year are shown below. Prepare the required closing entries in journal form. Chris Ross is theowner. Account Name...
-
A European put option on the share with an exercise price of $20 is currently trading for $22.00. The call option has six months until expiry and the riskless interest rate (continuously...
-
Ellen wants to know how many copies of each book were sold. Write a SQL statement to obtain the necessary information you think Ellen wants? Use the following information: Ellen Novotny started an...
-
Go to investor.kelloggs.com/investor-relations/annual-reports to access the Kellogg's 2013 Annual Report and locate the consolidated statement of Income. How much has Selling and General...
-
Why would a company age its Accounts Receivable?
-
What is an information system? What are some of the ways information systems are changing our lives?
-
The example about averages of bowling scores at the beginning of this section is an instance of what is known as Simpson's paradox. The following example illustrates this paradox. Notice that Player...
-
Match the equation and correlation in Problems 19-24 with a graph. \(y=0.4 x+2 ; r=0.5\) 777 E. 67654321 YD 1 2 3 4 5 6 7 8 9 10 22 .. 10 1 2 3 4 5 6 7 8 9 10 8 9 10 B. 4321 8575794O ALL 21 77777 1 2...
-
Define push-down accounting.
-
In Problems 23-30, find the range and the standard deviation (correct to two decimal places). If you do not have a calculator, find the range and the variance. \(103,104,105,106,107 \)
-
Which of the following sources is not a primary source governing principles of commerce and business in Islam? a. The Quran b. Teachings of the Prophet Mohammed (pbuh) c. Jurisprudence d. Tradition
-
Write an SQL statement to add three new rows to the PET_OWNER table. Assume that OwnerID is a surrogate key and that the DBMS will provide a value for it. Assume, however, that you have only...
-
Listed below are common types of current liabilities, contingencies, and commitments: a. Accounts payable b. Bank loans and commercial paper c. Notes payable d. Dividends payable e. Sales and excise...
-
Slacks.com received a bank statement from Italian Bank indicating a bank balance of $7,600. Based on Slacks.coms check stubs, the ending checkbook balance was $8,767. Your task is to prepare a bank...
-
From the following bank statement, please (1) Complete the bank reconciliation for Jimmys Deli found on the reverse of the following bank statement (2) Journalize the appropriate entries as needed....
-
From the following bank statement, please (1) Complete the bank reconciliation for Jimmys Deli found on the reverse of the following bank statement (2) Journalize the appropriate entries as needed....
-
Individual Retirement Account (IRA) Bonds Mutual fund Stocks Futures Defined contribution plans What is it? Level of Risk and Potential Return Minimum investment? Easy to start or stop?
-
1. A company purchased machinery in 2015 for $400,000. Its value in 2018 was $320,000. Assuming the resale value decreases exponentially, what will the value be in 2020? As a part of your solution,...
-
ROA of a company is 8.57%, Total assets end of the year of 2021 are $9.6 million, ROE is 14% and Profit margin of 19.9% what is the firms value of net income? and what is stockholders equity?
Study smarter with the SolutionInn App