Kenneth just finished cooking school. he is opening his own bakery. how would kenneth be classified, and what other businessperson would most likely him keep track of his profits?
a. kenneth is a entrepreneur, and he would hire a financial officer.
b. kenneth is a consultant, and he would hire an accountant.
c. kenneth is self-employed, and he would hire a human resource manager.
d. kenneth is a recruiter, and he would hire a manager.

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)