Kendra and keyshawn are married with 2 children – kyle and kassandra. they live and work in northern virginia. their salaries are similar to each other – kendra earns $65,000, keyshawn earns $60,000. which filing status on the form 1040 will give them the most tax advantages? a. married filing separately b. qualifying widower with dependent children c. married filing jointly d. head of household

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)