Jared works in a clothing store and hears a customer complain about a damaged shirt he bought. What behavior can Jared show to demonstrate good communication skills with a client? o) prevent the customer from quickly explaining the store's return policy o b) return what they heard once the customer has finished talking c) ask the customer how the shirt was damaged d) promise the customer a full refund even though it is against the policy
Yes, the National Society of High School Scholars is a legitimate organization. National Society of High School Scholars, also known has NSHSS, is an organization where you have to be invited to be a member to join. This organization has a mission to recognize those who achieve high levels in their high school work and studies.
Answer:
Accounts receivable balances are required to be reflected at net realizable value as of the balance sheet date. Use of the allowance method for estimating bad debt is the preferred method because it:________
C) A and B
Explanation:
Company XYZ can use the allowance method which ensures that the Accounts receivable balances are stated at their gross amount and not the net realizable value. Therefore, the allowance account is a contrary account with normally a credit balance. The allowance method is required by GAAP and provides for better matching of revenue with expenses. Company XYZ can use two methods for estimating bad debt under the allowance method. The first is the percentage sales method and the accounts receivable aging method. Whichever method is chosen depends on the decision of management.
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Distribution and Logistics