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 Role of Radio. During the 1994 Rwandan Genocide, radio broadcasts played an important role in inciting ordinary citizens to take part in the massacres of their Tutsi, and moderate Hutu, neighbours. ... This led the Hutu Power circle around President Habyarimana and his wife to found RTLM as a private radio station.
The answer to your question is,
D. All of the above are correct
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They have agreed on sending petition to the king, asking Intolerable Acts to be removed.
Explanation:
- The first Continental Congress was a convention of delegates to thirteen British North American colonies, meeting in the fall of 1774, on the eve of the American Revolution.
- It was convened in response to the Intolerable Acts of the British Parliament and was held at Independence Hall in the City of Philadelphia.
- There were 56 delegates attending the Congress, who were appointed by the Assembly of the Thirteen Colonies, with the exception of the Province of Georgia, which did not send delegates.
- Congress considered options, organized an economic boycott of British goods, published a list of injustices, and petitioned King George to correct them.
- Congress has also decided to convene a new Continental Congress in case the petition fails to prevent the implementation of Intolerable Acts.
- Since the petition failed, the Second Continental Congress was convened the following year to organize the defense of the colonies in the War of Independence.
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