An economist is sitting in the Oval Office of the White House, across the desk from the president of the United States. The president asks, "How does the unemployment rate look for the next quarter?" The economist answers, "It's not good. I don't think Real GDP is going to be as high as we initially thought. The problem seems to be foreign income" it's just not growing at the rate we thought it was going to grow." How can foreign income affect U. S. unemployment?

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?

What so u want to be when u grow up?

Sunglasses are just as protective as safety glasses?