Daft Punk had a $300 balance in Allowance for Doubtful Accounts at December 31, 2018, before the current year's estimate for uncollectible accounts. An aging of the accounts receivable revealed the following: Current Accounts $170,000
1–30 days past due 15,000
31–60 days past due 12,000
61–90 days past due 5,000
Over 90 days past due 9,000
Total Accounts Receivable $211,000

Required:
How much is the entry to record bad debt expense for the period?

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

Emil motycka is considered an entrepreneur because

Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?