Ballman Company has the following information regarding receivables at the end of the current year: 1 – 30 days past due $1,000 31 – 60 days past due 200 Over 60 days past due 100 Using the aging-of-receivable method, Ballman has determined the following percentages for expected uncollectiblity: 1 – 30 days past due 1% 31 – 60 days past due 5% Over 60 days past due 20% What is the amount that should be in the Allowance for Bad Debts at the end of the year?

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.