A Newly Created Design Business Called Smart Art Is Just

question 13

Multiple Choice

A newly created design business called Smart Art is just finishing up its first year of operations.During the year,there were credit sales of $40,000 and collections of credit sales of $33,000.One account for $675 was written off.Smart Art uses the ageing method to account for bad debts expense.It has estimated $275 as uncollectable at year-end.At the end of the year,what is the ending balance in the Bad debts expense account?

• A)$6050
• B)$275
• C)$675
• D)$950

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Definitions:

Oppositional Defiant Disorder

A behavioral disorder typically diagnosed in childhood characterized by ongoing patterns of uncooperative, defiant, and hostile behavior toward authority figures that go beyond the bounds of normal childhood behavior.

Child Abuse

Any action by another person – adult or child – that causes significant harm to a child, encompassing physical, emotional, sexual abuse, or neglect.

Babysitter

A person hired to care for children temporarily, ensuring their safety and well-being in the absence of parental guardians.

Teacher

An educator or instructor responsible for guiding students' learning and imparting knowledge and skills in various subjects.