This is an unfortunate financial situation that Martha experienced. Her car with a brown (1.body) and black roof color was stolen. She then called the police to have it blotter. The police asked her if she has (2.paid ) her loan since the bank or dealer has a right to (3. confiscate). She confessed that she was unable to pay her duties because the written language was too complicated to (4.understand). A big home-improvement loan is also (5. along) with the car loan. It's difficult for her to pay since the city is suffering from (6.financial crisis). So, she consulted a debt counselor and have the service for free and come up with the(7.options) of having a regular job or pay willingly in full. They both made up a plan that would (8.constitute) a comprehensive budget. Finally, she made a promised to pay (9.small) amount each month to companies she's indebted. They've also talked about comprehensive actions to take when she's facing a (10.similar) scenarios again.
Answer:
$3,325
Explanation:
Bad Debt Expense = Allowance for uncollectible accounts 2022 - (Allowance for uncollectible accounts 2021 - Written off in accounts receivable
Bad Debt Expense = $4,100 - ($1,400 - $625)
Bad Debt Expense = $4,100 - $775
Bad Debt Expense = $3,325
So, the bad debt expense for 2022 would be $3,325.
Answer:
I think it's a income tax
