Satin Corporation the Data Presented Below Is for Satin Corporation

question 37

Multiple Choice

Satin Corporation The data presented below is for Satin Corporation for the year ended December 31,2014.
Refer to information for Satin Corporation
If Satin uses 2% of net credit sales to estimate its bad debts,what will be the balance in the Allowance for Doubtful Accounts account after the adjustment for bad debts?

• A)$33,000
• B)$31,800
• C)$27,000
• D)$25,800

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Definitions:

Instability

The state of being prone to change or failure; lacking firmness or steadiness in social, emotional, or physical realms.

Impulses

Sudden, involuntary urges to act or do something, often without premeditation.

Suicide Rates

The number of suicides occurring in a particular population over a specified period of time.

Ethnic Groups

Communities or populations sharing a common culture, ancestry, language, history, and often geographic region.