At december 31, amy jo's appliances had account balances in accounts receivable of $309,000 and $600 (credit) in allowance for uncollectible accounts. an analysis of amy jo's december 31 accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. bad debt expense for the year should be:

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above