The Following Information Is from the Records of Pangolin Camera

question 41

Multiple Choice

The following information is from the records of Pangolin Camera Shop:

Bad expense is estimated by the aging-of-receivables method.Management estimates that $2,950 of accounts receivable will be uncollectible.Calculate the amount of net accounts receivable after the adjustment for bad debts.

• A)$22,950
• B)$22,050
• C)$21,150
• D)$20,800

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Definitions:

Predisposition

An inborn or acquired vulnerability for developing certain symptoms or disorders.

Cortisol

A steroid hormone released in response to stress and low blood-glucose concentration, playing a significant role in the body's response to stress.

Amygdala

A part of the brain's limbic system involved in emotion regulation, especially fear, and storing emotional memories.

Neurotransmitter

Chemical substances released from neurons that transmit signals across a synapse to other neurons, muscle cells, or gland cells, playing a crucial role in the functioning of the nervous system.