Answer:
- What is the amount of bad debt expense?
Bad debt expense $ 90
Explanation:
The initial account balance was
Accounts Receivable $ 10,000
Allowance for Uncollectible Accounts $ 100
The aging of accounts receivable method indicates that the Allowance for Uncollectible Accounts must have a $190 balance.
Acc. Rec Allow.
$ 9,000 $ 90 1% 1-30 days
$ 1,000 $ 100 10% more than 30 days
$ 10,000 $ 190
The journal entry adjustment add up to the balance of Allowance for Uncollectible Accounts to complete the $190 indicated by the aging of accounts receivable method.
Bad debt expense $ 90
Allowance for Uncollectible Accounts $ 90
- So the final balance of accounts are:
Final Balance
Accounts Receivable $ 10,000
Allowance for Uncollectible Accounts $ 190
Answer:
persuasive
Explanation:
Persuasive advertising refers to a marketing strategy that seeks to persuade customers, especially new customers, to purchase their products or services. Persuasive advertising is extremely important when there are a lot of competitors, e.g. there are dozens of different laundry detergents and Tide must convince customers to keep buying it.
