You are reviewing the unpaid invoices that are listed on your accounts receivable report. And there is an unpaid invoice, dated March 31, 2019, that includes sales tax. The books have been closed as of May 31, 2019, and they are accrual basis. You have discussed the unpaid invoice with the client, and it was decided that the invoice should be written off as a bad debt. Auto Apply Credits has been left switched on within your company settings. Which entries should you make to remove the customer balance from the Accounts Receivable reports?
A) Use the "Write Off Invoices" option from within the Accountant Toolbox. The write-off must be dated on or after June 1, 2018.
B) Open the invoice, and use the Void option from within "More." The invoice will remain visible, but with zero value. Add details in the description as to why the invoice was voided.
C) Open the invoice, and use the Delete option from within "More."
D) Create a journal entry to debit Bad Debts and to credit Accounts Receivable using the customer name. Check the customer transaction to ensure the journal entry has been correctly applied to the invoice.
E) Create a credit memo against the customer and code accordingly. Check that the credit memo has been applied to the invoice.

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.