Bill wants to open a checking account to pay bills from and a savings account to cover overdrafts and other emergencies. he wants online services, and a debit card. he analyzes the following statements of fees from state bank and common. based upon past experience, bill expects to accidentally overdraft the account 2 times per year, unfortunately, due to unexpected charges and miscommunications. he expects no 2nd copies of statements, and to use network atms 4 times per month with state bank (due to less in-network atms being available), or 2 times per month with common bank. he has $2500 to deposit to an emergency savings account for overdraft protection, and thinks that the balance will be enough to cover most all overdrafts in the future if automatic transfers are made when needed. based on the tables of fees, which bank is expected to cost the least amount in fees per year? a. state bank is expected to cost the least. b. common bank is expected to cost the least. c. state bank and common bank would have the same costs for bill. d. the fees cannot be estimated in advance. \

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?