B is right just took the test
Answer:
$5,230
Explanation:
Account receivable balance = $310,000
Credit balance in allowance for uncollectible accounts = $970
Given percentage = 2%
So by considering the above information, the bad debt expense is
= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts
= $310,000 × 2% - $970
= $6,200 - $970
= $5,230
Accountancy is accountants have long coffee
Answer:
changes in the money supply to achieve particular economic goals.
Explanation:
Monetary policies are changes in the supply of money taken by the central bank or other financial authorities in a nation to attain some macroeconomic objectives. Some of the macroeconomic objectives might include the control of liquidity, inflation, or consumption in the economy.
Markers such as the Gross Domestic Product (GDP), inflation rate, and the tariffs on trade can inform decisions made by these authorities. These decisions have an enduring effect on the economy of the nation, therefore, they are made after due considerations.