Keith works as a construction foreman, and he is viewed as a reliable, competent employee. During the 2007-2009 recession, Keith's employer reduced its workforce and Keith was let go without the expectation of being called back. Which one of the following would most likely provide Keith with benefits? A) Group life insurance. B) Unemployment insurance. C) Workers' compensation insurance. D) Supplemental unemployment benefits.

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.)