If the Allowance account had a credit balance of $27,000 immediately before the year-end adjustment for bad debts and no accounts were written-off or allowed for during the year, what was the amount of Bad Debt Expense recognized during the year

The answer that completes the blank is NOT TO EXAGGERATE FACTS. It is but common among businesses to convey positive messages to their clients but there should also be limitations in doing such. They could include their accomplishments as well as their main goal but it should always be realistic and achievable. Therefore, they should avoid to exaggerate their facts.