At the beginning of 2018 Evan Company had a $1,603 balance in its accounts receivable account and a $300 balance in allowance for doubtful accounts. During 2018, Evan experienced the following events. (1) Earned $2,872 of revenue on account. (2) Collected $1,982 cash from accounts receivable. (3) Wrote-off $380 of accounts receivable as uncollectible. Evan estimates uncollectible accounts to be 2% of sales. Based on this information, the December 31, 2018 balance in the accounts receivable account is

Cis te correct i think i c idk but i think it is c

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan