A company uses the percent of receivables method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable $ 430,000 Debit Allowance for Doubtful Accounts 1,400 Debit Net Sales 2,250,000 Credit All sales are made on credit. Based on past experience, the company estimates 2.0% of ending accounting receivable to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next