qtipster2138 qtipster2138

08-11-2021
Business

contestada

which of the following is recorded at the end of an accounting period when accounting for receivables using the allowance method?

Respuesta :

bambamnc2003 bambamnc2003

09-11-2021

Answer: An estimate is recorded by debiting debt expense and crediting allowance for doubtful account in the same period as the related sale.

Explanation:

The entry to record the write off a specific customer which is typically recorded later accounting period than when sales occur.

Answer Link

Otras preguntas

When we say that the states relinquished some sovereignty, we say that they __________. a. gained the right to freedom b. gained the right to rule c. gave up

Which phrase was not an achievement of government of Chandragupta Maurya's empire? a. formed a highly organized bureaucracy b. built a system of roads and har

The war-torn South had to rebuild its ____, which included its transportation and communication systems. a. pardon b. impeach c. reconstruction d. carpetbagger

What are the types of energies released when a candle burns? a. thermal and radiant b. potential and electrical c. chemical and nuclear d. electrical and so

what is the term for a large country politically and economically dominating a smaller country

Which country is rich with copper mines? a. Equatorial Guinea b. Zambia c. Angola d. Central African Republic

Stark argues that Durkeheim's understanding of religion was influenced by his own experience as a: a. Passionate Baptist b. militantly secular Jew c. sympathet

People who see the United States as acting as the “World's Police” focus on U.S. policies that reflect a. isolationism b. imperialism c. interventionism d.

The table shows the outputs y for different inputs x: Input (x) 3 7 11 15 Output (y) 4 6 8 10 Part A: Do the data in this table represent a function? Justify yo

Which one of the following sentences is correctly punctuated? a. Look up, look down, and look all around? b. When will the winter end? c. Look at me, then sa