Aspy is trying to send a secret message, we're trying to decode his message, we need your ! if (shnoppy droppy groppy) means (mission dangerously executed) and (swappy trappy droppy) means (abort mission immediately) and (drippy groppy wippy) means (plan executed successfully) then what does "shnoppy" mean?

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false