A manufacturing company is promoting its new energy efficient 12 W light bulbs to produce 1100 lumens (which is the same amount as a 75w incandescent bulb). An internal testing of the recent production shows that bulbs didn't meet the advertised claim. However, later it was found that testing equipment itself was in need of calibration and it was underestimating the lumens of the light bulbs. This is an example of:

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service

You get your monthly banking statement and notice that the number is lower than expected. you decide that you should create a cash flow statement. why are cash flow statements useful in managing money? what are the steps in creating a statement?

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?