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Maslowich
4 years ago
14

Purchasing power is a producer's ability to buy goods and services. answer true false

Business
1 answer:
Black_prince [1.1K]4 years ago
6 0
Having money with which to buy goods and services is called purchasing power
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Answer:

Stimulus generalization

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The Allowance for Doubtful Accounts T-account will have the ______ on the credit side. Multiple choice question. sales discounts
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Doubtful account

An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable. The allowance, sometimes called a bad debt reserve, represents management's estimate of the amount of accounts receivable that will not be paid by customers.

Learn more doubtful account here :

brainly.com/question/15409074

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