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Using the Following Information: During 2018, Sales on Account

question 114

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Using the following information: Using the following information:   During 2018, sales on account were $145,000 and collections on account were $100,000. Also during 2018, the company wrote off $4,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $40,000. Bad debt expense for 2018 is A)  $4,000. B)  $5,000. C)  $9,000 D)  $40,000. During 2018, sales on account were $145,000 and collections on account were $100,000. Also during 2018, the company wrote off $4,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $40,000.
Bad debt expense for 2018 is


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Four-day

Refers typically to a workweek that consists of four workdays as opposed to the traditional five, aimed at improving work-life balance or operational efficiency.

Job Enlargement

The addition of more tasks to a job instead of treating each task as separate.

Tasks

Specific duties or responsibilities assigned to individuals or groups, often as part of a larger project or job function.

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