Answer:
c.The result is based on either a percentage of sales or an analysis of receivables
Explanation:
Generally, companies will choose between two approaches under the allowance method.
Percentage of Sales: Using historical data, a company examines the relationship between sales and uncollectible accounts receivable. If there is a fairly stable relationship between the two, a company will use the historical Uncollectible Accounts / Credit Sales ratio to estimate the bad debts expense in the current period.
This method is sometimes referred to as the income statement approach.
Percentage of Accounts Receivable: Using historical data, a company examines the relationship between accounts receivable and uncollectible accounts. Companies will oftentimes increase the accuracy of these estimates by looking at their aging schedule for patterns, rather than using a composite (or total) of their receivables
This method is sometimes referred to as the balance sheet approach
The Supremacy Clause of the United States Constitution (Article VI, Clause 2) establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the supreme law of the land
Answer:
The election constitutes the first peaceful transfer of power from one political party to another in the United States. By 1800, when he decided to run for president, Thomas Jefferson possessed impressive political credentials and was well-suited to the presidency.
<span>An important developmental task during the first year of life is the increase in sleep periods, and the fastest consolidation in the sleep regulation of children occurs in the first 4 months. And Most babies sleep through the night at 2 and 3 months, regardless of the criteria used</span>
Answer:
I believe the answer is C
Explanation:
the 16th amendment had to do with taxes.
