Billboard advertising normally has a very low CPM (cost per thousand exposures)

An aging of Hartley Company's accounts receivable indicates that $20,000 is estimated to be uncollectible. If Allowance for Doubtful Accounts has a $3,000 credit balance, the adjustment to record bad debts for the period will require a:

Select one: A. Debit to Bad Debts Expense for $20,000 B. Debit to Allowance for Doubtful Accounts for $17,000 C. Debit to Bad Debts Expense for $17,000 D. Credit to Allowance for Doubtful Accounts for $20,000

If variable costs increase, and all other factors remain the same, the margin of safety will become smaller

Indicate whether the statement is true or false