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
He was endeavoring to share academic research journal to the general population for free.
The government arraignment included what was described by various pundits as a "cheating" 13-tally arraignment and "overeager" indictment for affirmed PC wrongdoings, brought by previous U.S. Lawyer for Massachusetts Carmen Ortiz.
Swartz kicked the bucket by suicide on January 11, 2013. After his passing, government prosecutors dropped the charges. On December 4, 2013, because of a Freedom of Information Act suit by the examinations supervisor of Wired magazine, a few records identified with the case were discharged by the Secret Service, including a video of Swartz entering the MIT arrange wardrobe.
Answer:
Every U.S. citizen must obey federal, state and local laws, and pay the penalties that can be incurred when a law is broken. Paying taxes. All citizens must pay taxes in one form or another, including federal, state, local, Social Security, property and sales taxes.
Explanation:
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<span>Our federal government has three parts. They are the Executive, (President and about 5,000,000 workers) Legislative (Senate and House of Representatives) and Judicial (Supreme Court and lower Courts). The President of the United States administers the Executive Branch of our government.</span>