Simpson Inc Recorded Sales of $180 000 During the Year $\quad$

question 7

Short Answer

Simpson Inc recorded sales of $180 000 during the year net of GST).Of these,$80 000 were on credit.Bad debts have averaged one half of one percent of credit sales.The entry to estimate bad debt expense for the year is: a. $\quad$ Bad Debts Expense $\quad$$\quad$ $400
$\quad$$\quad$ Allow ance for Doubtfiul Debts $\quad$$\quad$ 400
b. $\quad$ Bad Debts Expense $\quad$$\quad$ 900
$\quad$$\quad$ Allowance for Doubtful Debts $\quad$$\quad$ 900
c. $\quad$ Bad Debts Expense $\quad$$\quad$ 400
$\quad$$\quad$ Accounts Receiv able $\quad$$\quad$ 400
d. $\quad$ Bad Debts Expense $\quad$$\quad$ 900
$\quad$$\quad$ Accounts Receivable $\quad$$\quad$ 900

Recognize and categorize different geological features formed by plate movements, such as mountain belts, ocean trenches, and mid-ocean ridges.

Explain the formation and significance of seafloor spreading in creating new oceanic crust.

Understand the mechanisms behind volcanic and magmatic activities associated with plate boundaries.

Describe the role of mantle convection, slab pull, and ridge push in driving plate movements.

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Definitions:

Secondary Reinforcers

Stimuli that become reinforcing through their association with primary reinforcers, which are inherently rewarding.

Tasty Food

Edible substances that are perceived as having a pleasant flavor profile by the taste receptors.

Discriminative Stimuli

A specific stimulus in the presence of which a particular response is more likely to be reinforced, and in the absence of which a response is not reinforced.

Stimulus Generalization

The process by which a response is elicited by stimuli similar to the original stimulus associated with that response.