Mark is considering opening a money market account. what is an issue that he needs to be aware of when comparing a money market account to a checking account?

select the best answer from the choices provided.

a) money market accounts have higher minimum balance requirements.

b) money market accounts give lower interest rates than checking accounts.

c)mark will not be able to write checks from a money market account, which will encourage him to save money.

d) a money market account will force mark to leave his money in the account for a set period of time.

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?