Delgado Corporation Had a 1/1/07 Balance in the Allowance for Doubtful

question 29

Multiple Choice

Delgado Corporation had a 1/1/07 balance in the Allowance for Doubtful Accounts of $20,000.During 2007, it wrote off $14,400 of accounts and collected $4,200 on accounts previously written off.The balance in Accounts Receivable was $400,000 at 1/1 and $480,000 at 12/31.At 12/31/07, Delgado estimates that 5% of accounts receivable will prove to be uncollectible.What is Bad Debt Expense for 2007?

• A)$4,000.
• B)$14,200.
• C)$18,400.
• D)$24,000.

Identify the characteristics important in the classification of rocks.

Understand the concept of crystal structure and its importance in mineralogy.

Recognize the role of minerals in rock composition.

Learn the significance of texture and composition in rock classification.

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Definitions:

Disadvantages

The negative aspects or drawbacks of a situation, plan, or technology.

Instructional Media

Tools and materials used to deliver educational content, ranging from traditional textbooks to digital platforms and multimedia resources.

Training Program

A structured series of educational or developmental activities designed to enhance the skills, knowledge, or performance of individuals or groups.

Off-the-Job Training

Training conducted in a setting external to the participants' immediate work environment, typically involving theoretical education or skill development exercises.