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
Answer:
Primary income
Explanation:
In simple words, most of the media channels use advertising as their primary source of income. A primary source of income refers to the source which makes the major part of revenue of a unit and the unit is heavily dependent on that division for its operations.
The media houses provide entertainment and information to the general public and receive heavy amount for advertising of business brands.
You have to pay taxes abide laws and pay taxes
A balance as it measures mass
The Monroe Doctrine was an attempt by the United States to delineate what the US would and would not get involved in as a country. In essence, it is a declaration that the US would stay out of land wars in Europe if Europe stayed out of the affairs of the Western hemisphere.
