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Elanso [62]
3 years ago
7

If a company uses the percent of receivables method to estimate uncollectible accounts, the company will first determine the req

uired ending balance in Allowance for Doubtful Accounts; the Uncollectible Accounts Expense will be the difference between that amount and the unadjusted credit balance in the Allowance for Doubtful Accounts. True or False
Law
1 answer:
Darya [45]3 years ago
8 0

Answer:

True

Explanation:

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Loyalty to WHICH governing model was displaced by ideas advanced in the Declaration of Independence and the U.S Constitution?
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<em>The monarchy, or rule by divine right of a king</em>, was displaced by the ideas advanced in the Declaration of Independence and the U.S. Constitution. The ideas expressed in the Declaration of Independence and the U.S. Constitution asserted the people’s right to govern themselves in opposition to the divine right of kings on which the monarchy was based.

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The correct answer is c. Jail term
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Fittoniya [83]

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Explanation:

I like ice cream :D

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While on a cruise, DePrince inquired about the price of a 20-carat diamond in the ship's gift shop. After confirming with the cr
ivanzaharov [21]

Answer:

1. It made a Unilateral mistake

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Explanation:

This cruise line has made a Unilateral mistake in this scenario.

In terms of the law, this cruise line does not have the power to void the transaction on its own accord in the normal course of business. but it has the right to plea in a law court that it did this business transaction sale based on non availability of complete price quote and also that there was a unilateral mistake of facts. It will also have to make a case that the sale was caused by the buyer who tried to benefit from the mistake through misrepresentation and omissions.

The court would then decide on the case at it own discretion.

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The additional standard for age 65 and older or blind
vodomira [7]

Answer:

Additional Standard Deduction

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Additional Standard Deduction - You're allowed an additional deduction if you're age 65 or older at the end of the tax year. You're considered to be 65 on the day before your 65th birthday. You're allowed an additional deduction for blindness if you're blind on the last day of the tax year.

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