Cameras R Us has had the X12 model of their digital camera on the market now for five years. Since the development of the X12, Cameras R Us has discovered from various marketing research studies that customer attribute preferences have changed. Based on these discoveries, they have developed and released the new Z35 model. Since the X12 model is still selling, the company had decided to keep it on the market but to redirect its marketing expenditures solely to the Z35. What strategy is Cameras R Us using with their X12 model

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?