The Following Information Is Related to December 31 2021 Balances

question 61

Multiple Choice

The following information is related to December 31 2021 balances. $\begin{array}{lr}\text { Accounts receivable } & \$ 3,150,000 \\\text { Allowance for doubtful accounts } & 270,000 \\\text { Cash realizable value } & \$ 2,880,000\end{array}$ During 2022 sales on account were $870000 and collections on account were $516000.Also during 2022 the company wrote off $48000 in uncollectible accounts.An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $324000.Bad debt expense for 2022 is

• A)$102000.
• B)$ 54000.
• C)$324000.
• D)$ 6000.

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Definitions:

Feminists

Advocates for women’s rights and equality between genders, often involved in social, political, and economic activism.

Postmodern Feminism

A movement that applies postmodern ideas to feminism, challenging universal generalizations about gender and emphasizing the role of language and social constructs.

Taken-For-Granted Truths

Beliefs or assumptions that are universally accepted without question or critical examination.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, often based on societal norms or expectations.