Answer:
C. State and local governments
Explanation:
Securities are commercial debts or equity instruments sold to investors in the financial markets. Public-listed corporations or the government may issue securities as a way of raising capital. The Securities Act of 1933 requires securities registered with the SEC and abide by the other provisions in the act, such as full disclosure of financial information.
However, not all securities issued must be registered with the SEC. Exemptions are granted to certain types of securities. Financial instruments issued by or having government backing are considered to have the exception status.
Answer:
Bad debt expense is recorded in the same year as the credit sale.
Explanation:
Allowance method is generally refer to one of the ways for reporting the uncollectible or bad debt expense which results from a company selling the goods on credit.
This method is used for the process or procedure of uncollectible accounts receivable that records the estimate of the bad debt expense in the same accounting year to which is belongs as the sale. This method is used for adjust the accounts receivable appears on the balance sheet of the company.
<span>This is a dialogic form of conversation. In dialogic form of conversation everyone puts forward his/her main points and hence the conversation become dialogic. In this conversation also all the three people are putting forward their points on previous relationship that was abusive. Also each of them is participating equally.</span>
