The possibility that a borrower might engage in riskier behavior after a loan has been obtained is called

On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,900; allowance for doubtful accounts, credit balance of $1,031. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?

Which of the following best describes what production accomplishes? a. efficient use of natural resources. b. a reduction in the size of the labor force. c. an increase in supply that lowers prices. d. value added to resources that already exist.

helium brands ltd. has a beginning balance of retained earnings of $185 million. helium has a net income of $48 million and has paid a dividend of $15 million in the current year. the ending balance of retained earnings is: