Manual analysis of logs is a reliable means of detecting adverse events

At the beginning of 2017, Smoothie Town, Inc has the following account balances

Accounts receivable $44,000 (Debit) Allowance for Bad Debts $7,000 (Credit) During the year, credit sales were $820,000. Cash collected on credit sales was $750,000, and $18,000 was written off. Smoothie Town uses the aging-of-receivables method to record bad debts expense. The amount estimated as uncollectible was $26,000. The amount of Bad Debts Expense for 2017 is ________. A) $37,000 B) $26,000 C) $11,000 D) $8,000

A pretrial hearing is also known as a settlement conference

Indicate whether the statement is true or false