Consider the different characteristics of the aggregate demand curve the statements below, determine which curve is being described and place the description into the proper bin. and the short-run aggregate supply curve. For each of Aggregate demand Short-run aggregate supply Answer Bank Real GDP that firms produce at various price levels Upward-sloping ls Upward-sloping Shifts when productivity changes Output of goods and services demanded at different price levels Downward-sloping Shifts when consumner wealth changes Shifts when the cost of oil changes significantly

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?