Corporation uses the allowance method to account for uncollectible receivables. at the beginning of the year, allowance for bad debts had a credit balance of $1,000. during the year beluga wrote off uncollectible receivables of $2,500. beluga recorded bad debts expense of $3,300. what is beluga's year-end balance in allowance for bad debts?

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.