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A newly created design business, Rhodes Art, is finishing its first year of operations

During the year, credit sales were $45,000 and collections of credit sales were $33,000. One account for $675 was written off. Smart Art uses the aging-of-receivables method to account for bad debts expense. It has estimated $200 as uncollectible at year-end. What is the amount of the Bad Debts Expense for the first year of operations? A) $11,125 B) $675 C) $200 D) $875

Which of the following would be the most effective preview in a formal report?

A) Our sales in the eastern region have plummeted. B) First, let me begin by introducing our team. C) The next section discusses the advantages of advertising on the Internet. D) Okay, now for the mundane part. E) You probably won't like this, but here it comes.