An aging of a company's accounts receivable indicates that $5,000 are estimated to be uncollectible. If the Allowance for Doubtful Accounts has a $2,000 debit balance, the adjustment to record bad debts for the period will require a
A. credit to the Allowance for doubtful Accounts for $2,000
B. debit to Bad Debt Expense for $3,000
C. debit to Bad Debt Expense for $5,000
D. debit to Bad Debt Expense for $7,000
Ans: D. debit to Bad Debt Expense for $7,000
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Which of the following managers is likely to have the most diverse responsibilities?
A) the manager of a cost center B) the manager of a profit center C) the manager of an investment center D) the manager of a revenue center
) If you choose not to list your GPA in the "Education" section of your résumé,
A) most employers will not interview you. B) employers will generally respect you for being humble. C) you should be prepared to answer questions about it during the interview. D) it should be stated in your application letter. E) you should include a statement that reads, "GPA withheld for privacy reasons."