What is a benefit of having a good credit score? Loan sharks will be less likely to bother you.
You'll get accepted to better education institutions.
You'll get more job offers.
When you need a loan, you'll have more loan offers to pick from.

D

Explanation:

D - When you need a loan, you'll have more loan offers to pick from

Explanation:

Since you have a good credit score, people know you handle your money well and pay your bills on time.

That way they will be able to trust you with whatever money they loan you. Because they know you will pay them back in full as soon as you can.

:)

Given that,

Desired balance in allowance account = $33,750 (Credit)

Current balance = $555 (Debit)

Adjustment for allowance accounts:

= Desired balance in allowance account - Current balance

= $33,750 - $555

= $33,195

Therefore, the journal entry is as follows:

Bad debt expense A/c Dr. $33,195

        To Allowance for doubtful account    $33,195

(To record the estimated bad debts expense)