The Current Credit Balance in Allowance for Doubtful Accounts Is

question 4

Multiple Choice

The current credit balance in allowance for doubtful accounts is $150. Management estimates that 2.5% of net credit sales of $105,000 will be uncollectible. Based on the foregoing data, what is the bad-debt expense balance on the income statement?

• A)$2,775
• B)$2,475
• C)$2,650
• D)$2,625

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Nonverbal Communication

The process of conveying a message without the use of words, through gestures, body language, and facial expressions.

Nonverbal Cues

Forms of communication without words, including gestures, body language, facial expressions, and eye contact.

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The awareness and consideration of cultural differences and similarities when interacting with people from various backgrounds.