Levon files a suit against Manufacturing Corporation. The defendant believes that even if the plaintiff’s statement of the facts is true, according to the law the defendant is not liable. Manufacturing Corporation should a. issue a summary judgment. b. seek an admission of the truth of the matter relating to the trial. c. file a motion to dismiss.

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.