At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $310,000 and in Allowance for Uncollectible Accounts of $700 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. Bad debt expense for the year should be:

answer; the nav calculated at the market close at 4: 00 pm new york time;

answer; false pretense;

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.