Use the Information Above to Answer the Following Question

question 8

Multiple Choice

Use the information above to answer the following question.The unadjusted balance of the allowance for doubtful accounts of Johnstone Supplies,Inc. ,is a credit balance in the amount of $28,947 on July 31,2014.Based on the accounts receivable aging report,bad debt expense will be:

• A)$34,012.
• B)$5,065.
• C)$62,959.
• D)$50,434.

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Definitions:

Sales Plan Implementation

The process of executing a company's sales strategies and tactics to achieve its sales objectives.

Account Management Policies

Guidelines and procedures implemented by businesses to manage customer accounts effectively, ensuring efficient service and compliance.

Sales Plan Formulation

The process of defining a strategy or set of strategies to achieve sales objectives, including targeting, resource allocation, and activities planning.

Organize Salesforce

The process of structuring and aligning a company's sales team to improve efficiency, effectiveness, and sales performance.