An aging of a company's accounts receivable indicates the estimate of uncollectible receivables totals $4,937.
If Allowance for Doubtful Accounts has a $1,250 credit balance, the adjustment to record the bad debt expense for the period will require a:

a. debit to Bad Debt Expense for $4,937.
b. debit to Allowance for Doubtful Accounts for $3,687.
c. debit to Bad Debt Expense for $3,687.
d. credit to Allowance for Doubtful Accounts for $4,937.

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.