During 2016, Blueberry, Inc recovered and collected $4,200 from an account that had been written off for over a year. At the end 2016, prior to the adjusting entry for bad debt expense, Blueberry, Inc's balances for Accounts Receivable and Allowances for Doubtful Accounts were $750,000 (debit) and $5,500 (credit), respectively. After the bad debt expense entry was posted, the net realizable value
of accounts receivable was $675,000. Bad debt expense for the 2016 was
A) $69,500
B) $73,200
C) $79,200
D) $80,500
A
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Cornell is beginning to feel better about his group for his communication class. They are getting past their initial conflicts and have begun to feel more cohesive and prepared to take on their group assignment. In what stage of group development is Cornell’s group?
a. forming b. storming c. norming d. performing
Pepsi-Cola made "freshness" an important product attribute when it stamped freshness dates on its cans. Prior to doing so, few consumers considered freshness an issue for soft drinks. Pepsi is trying to change consumers' attitudes toward its soft drinks by
A. changing the perceived importance of a specific attribute. B. providing stimulus generalization. C. changing beliefs about the extent to which a brand has a specific attribute. D. adding a new attribute. E. reducing perceived risk.
It is certainly reasonable to use this conflict management strategy when the issue at hand is something of little importance to you.
a. Acclimation b. Collaboration c. Competition d. Accommodation
Which of the following is NOT an example of how an implied contract may become binding?
A. Telling employees their jobs are secure as long as they perform satisfactorily and are loyal to the organization B. Failing to create an employee handbook or conducting performance appraisals on a routine basis C. Stating in the employee handbook that employees will not be terminated without the right of defense or access to an appeal procedure D. Urging an employee to leave another organization by promising higher wages and benefits, then reneging on those promises after the person has been hired