For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as much time as needed to ensure they are fully informed. True

False

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

What happens when the government finances a job creation project through taxes and borrowing?