Author Question: IT governance is a process that ensures that the organization's IT sustains and extends the ... (Read 58 times)

Tazate · **on:** Jul 5, 2018

IT governance is a process that ensures that the organization's IT sustains and extends the organization's strategies and objectives.
Indicate whether the statement is true or false

Question 2

KayCo began business January 1, 2012. During 2012, sales were 650,000. The year-end accounts receivable balance was 104,000. The company estimates that 10 of accounts receivable will be uncollectible.

The financial statements for the year ended December 31, 2012 will show ________.
A) bad debts expense of 10,400 on the income statement
B) bad debts expense of 9,750 on the income statement
C) net accounts receivable of 94,250 on the balance sheet
D) bad debts expense of 10,400 on the balance sheet