C. less painful parting with cash
Answer: this is awsom do we have to add on or no but this is the best lyiric ever lol
Explanation: great job
The amount of his monthly net cash flow is the best example of qualitative information
The choice usefulness, decision model approach to accounting theory plays a significant supportive role in the utilization of qualitative traits or qualities required for information. The attributes that make the data supplied in financial statements valuable to users are referred to as qualitative qualities.
Fundamental qualitative traits that are desired in accounting information are produced by the demand for accounting information from investors, lenders, creditors, etc. Accounting information has six distinct qualitative traits.
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Answer:
The correct answer is C
Explanation:
The bad debt expense is the expense which is related to the current asset accounts receivable of the company. It is also recognized as the uncollectible accounts expense, which could not collected by the company in the near future.
It result when the company delivered the goods and services on credit and the customer did not paid the amount owed.
So, computing the bad debt expense as:
Bad debt expense = Estimated doubtful account - Credit balance of Allowance for doubtful accounts
= $3,600 - $600
= $3,000
ebts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense. Bad debts expense results because a company delivered goods or services on credit and the customer did not pay the amount owed.
