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At December 31, Hawke Company reports the following results for its calendar year. Cash sales $ 160,000 Credit sales $ 400,000 In addition, its unadjusted trial balance includes the following items: Accounts receivable $ 360,000 debit Allowance for doubtful accounts $ 2,900 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption. Bad debts are estimated to be 4% of credit sales. Bad debts are estimated to be 3% of total sales. An aging analysis estimates that 4% of year-end accounts receivable are uncollectible..

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At Humber Lumber and Building Centers, department heads usually make decisions after meeting with employees and seeking their ideas and suggestions. Department heads at Humber Lumber make extensive use of the ___________ style of leadership. a. autocratic b. free-rein c. diplomatic d. democratic

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