Select the pairing that is correctly matched. A. Preferred stock: may be purchased by converting common stock shares into preferred ones B. Common stock: holders can mail in their votes if they can't attend a company's annual general meeting C. Common stock: may come with an additional dividend provision attached to company financial goals D. Preferred stock: is a less stable investment than common stock with fewer rights of ownership

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)