Marketing in a time of prosperity is often easier than marketing in recessionary periods

Smart Calendars is a new business

During its first year of operations, credit sales were $40,000, and collections of credit sales were $36,000. One account, $650, was written off. Using the aging-of-receivables method, management calculates $200 as its estimate of uncollectible amounts at year end. Prepare the journal entry to record bad debts expense. What will be an ideal response

KPIs are often managed through CRM programs because all KPIs track customer relationship measurements

Indicate whether the statement is true or false