The dolls are effigies that represents any person that is in any way connected to the Stamp Act. These people may be tax collector or an appointed stamp distributor or members of the royal family. This action is to show their disapproval on imposition of tax on daily papers like newspapers,documents and others alike.
As competitive markets are driven by quantity of product sales and vendors tend to lower prices to ensure sales.
Answer:
The balance after adjustment is $57,000
Explanation:
Bad debt expense is the company's expense due to the inablity if it's debtor to pay their owed amount. Bad debts expense is also referred to as uncollectible accounts expense. The estimated estimated uncollectible accounts given in the question is $57,000. So the balance after adjustment of the allowance for doubtful accounts would be $57,000 debit.
Hello!
The answer to your question is "price elasticity".
:)
