Bramble Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $138,100 Allowance for Doubtful Accounts $2,970 Sales Revenue (all on credit) 845,000 Sales Returns and Allowances 53,310 Prepare the journal entry to record bad debt expense assuming Bramble Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,410 debit balance

a. The adjusting entry:

Debit Bad debts expense $2,554

Credit Allowance for doubtful accounts $2,554

b. The adjusting entry:

Debit Bad debts expense $6,934

Credit Allowance for doubtful accounts $6,934

Explanation:

Bramble Company estimates bad debts at 4% of accounts receivable.

Estimated bad debts =  4% x $138,100 = $5,524

a. Before adjustments, Allowance for Doubtful Accounts had a $2,970 credit balance.

Bad debts expense = $5,524 - $2,970 = $2,554

The adjusting entry:

Debit Bad debts expense $2,554

Credit Allowance for doubtful accounts $2,554

b. Before adjustments, Allowance for Doubtful Accounts had a $1,410 debit balance.

Bad debts expense = $5,524 + $1,410 = $6,934

The adjusting entry:

Debit Bad debts expense $6,934

Credit Allowance for doubtful accounts $6,934

answer; i believe its (d) intrinsic;

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.