Pieces of information that exist in reality and not based on theory are called ________

In the calculation of the Annual Percentage Rate on a home mortgage

A) only the contract rate is considered. B) only points are considered. C) only closing costs are considered. D) all finance charges are considered.

At December 31, before adjusting and closing the accounts had occurred, the Allowance for Doubtful Accounts of Seaboard Corporation showed a debit balance of $3,200

An aging of the accounts receivable indicated the amount probably uncollectible to be $2,100. Under these circumstances, a year-end adjusting entry for uncollectible accounts expense would include a: A. Debit to the Allowance for Doubtful Accounts for $1,100. B. Credit to the Allowance for Doubtful Accounts for $1,100. C. Debit to Uncollectible Accounts Expense of $2,100. D. Debit to Uncollectible Accounts Expense of $5,300.