At the beginning of the year, the balance in allowance for doubtful accounts is a credit of $760. during the year, previously written off accounts of $120 are reinstated and accounts totaling $740 are written off as uncollectible. the end-of-year balance (before adjustment) in allowance for doubtful accounts should be: (a) $760(b) $120(c) $140(d) $740

Will you use single-entry bookkeeping or double-entry bookkeeping? explain why.

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year