450000 * .08
= 36,000
They reduce $36,000 from the original price.
Answer:
$378,000
Step-by-step explanation:
The computation of the bad debt expense for the year is shown below:
Bad debt expense = Outstanding account receivable × estimated percentage given - credit balance of allowance for doubtful account
= $6,500,000 × 0.06 - $12,000
= $390,000 - $12,000
= $378,000
We simply deduct the credit balance from the estimated balance so that the correct amount could arrive
Zero slope line coinciding with x axis and undefined slope line coinciding with y axis
I think it's the third one cause the 3 will b "out of the house" while the 4 will b the power.
