On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $43,000 and $1,900, respectively. During 2022, Coolwear wrote off $700 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,000 at December 31, 2022. Bad debt expense for 2022 would be:

my economy is bad lots of people are poor and lots of people are jobless and homeless

dual credit courses allow you to take a test at the end of the course that, if you pass it with a high enough score, will give you college credit.

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.