Haven company uses the percentage of sales method for recording bad debts expense. for the year, cash sales are $600,000 and credit sales are $2,200,000. management estimates that 1% is the sales percentage to use. what adjusting entry will haven company make to record the bad debts expense?

a. bad debts expense 28,000
allowance for doubtful accounts 28,000
b. bad debts expense 28,000
accounts receivable 28,000
c. bad debts expense 22,000
allowance for doubtful accounts 22,000
d. bad debts expense 22,000
accounts receivable 22,000

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.