Answer:
The answer is: Compensatory damages
Explanation:
Compensatory damages refers to money awarded to a plaintiff in a civil case (in this case Cooper's Brakes) to compensate for incurred losses (or injuries, etc. in other cases). The plaintiff has to prove that the losses he suffered were caused by negligence or unlawful conduct of the defendant (Byron's Service). The plaintiff has to be able to quantify (in monetary terms) the damages it suffered.
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Answer:
$10,000
Explanation:
Net Credit Sales $250,000
Allowance for Doubtful Accounts $250,000*4%=$10,000
Bad Debt Expense will be $10,000
Bad Debt Expense Dr.$10,000
Allowance for Uncollectible Cr.$10,000
National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.
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What is National Housing Federation?</h3>
- NHF housing association members provide homes for approximately six million people and are motivated by a social purpose: providing good quality housing at an affordable price.
- NHF assists its members in achieving that social purpose through ambitious work that results in positive change.
- The NHF offers interest-free season ticket loans and a cycle-to-work salary sacrifice scheme that covers the cost of a bike and accessories.
- NHF also provides an interest-free loan to assist you with a deposit when renting a home.
- The National Housing Federation works with financial institutions to offer homeownership programs that include down payment assistance in the form of grants and favorable terms.
Therefore, National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.
Know more about National Housing Federation here:
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