Using the allowance method, the uncollectible accounts for the year is estimated to be $28,000. if the balance for the allowance for doubtful accounts is a $7,000 debit before adjustment, what is the amount of bad debt expense for the period? a. $7,000b. $21,000c. $28,000d. $35,000

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse