Trendy Calendars is a new business. During its first year of operations, credit sales were $40,000, and collections of credit sales were $36,000. One account, $650, was written off. Using the aging-of-receivables method, management calculates $200 as its estimate of uncollectible amounts at year end. Prepare the journal entry to record bad debts expense. Omit explanation.
What will be an ideal response?
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The primary reasons retailers give for supporting a manufacturer's consumer promotions program include each of the following, except:
A) increase store traffic B) increase store sales C) increase sales of the manufacturer's brand D) attract new customers
__________means the presentation of information is free from bias toward a particular result
Fill in the blank(s) with correct word
Which of the following is true about lead customers?
A) They are more price sensitive. B) They are benefit driven. C) They possess less market knowledge. D) They are more dependent on what others do or think than most people. E) They do not purchase products that the mainstream market does not buy.
Which of the following should employers always obtain from the applicant to obtain information from references?
a. A verbal authorization b. A hold harmless agreement c. A privacy statement d. A no-objection certificate