Answer:
correct option is B. $4,000
Explanation:
given data
Net credit sales = $100,000
management estimates = 4%
solution
we know here Net credit sales is = 100000
so bad debts expenses will be
debts expenses = 100000 × 4%
debts expenses = $4000
so amount of expense to report on the income statement will be $4000
and after adjustments = will be $4000 + $3000 = $7,000
so correct option is B. $4,000
Well, the more in demand the object/service is, the more amount of people will want to pay for it, which will lead to pay raises and happy workers.
Based on the fact that Alonzo will not buy stock in the bottled water company, this is<u> social investing. </u>
<h3>What is social investing?</h3>
It refers to investing in ventures that are socially responsible in that the company being invested into, takes cognizance of the effects their products have on the environment.
Alonzo is practicing social investing because he is refusing to invest in a company that is not socially responsible as their products harm the environment.
Find out more on social investing at brainly.com/question/1332287.