Lamar became homeless at a very young age and was taken in by aunt and uncle. many years later, lamar became a detective in the city police department. when aunt disappeared and was not heard from for a month, the case was assigned to lamar. uncle also came to lamar and asked him to promise to find aunt in return for the years of support. lamar agreed to uncle’s request. which of the following is true? lamar has no contractual duty to find aunt. if uncle had also promised lamar us $1,000 for finding aunt, he would be liable when lamar found her. lamar’s contractual duty to find aunt is based on past consideration. lamar will be liable for breach of contract if he does not find aunt.

What is the relationship between credit and debt?

Which statement is not true about a peptide bond? which statement is not true about a peptide bond? the peptide bond has partial double-bond character. the carbonyl oxygen and the amide hydrogen are most often in a trans configuration with respect to one another. rotation is restricted about the peptide bond. the peptide bond is longer than the typical carbon-nitrogen bond.

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?