Yasmine plans to attend a four-year public university. she expects she will need to contribute $9,000 annually to her education. which savings plan will yasmine save enough money to pay for one year of school, regardless of whether or not interest is earned on her savings? a. $600 per month for 1 year b. $350 per month for 2 years c. $225 per month for 3 years d. $200 per month for 4 years

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false