What is the main difference between the direct write-off method and the allowance method?.

Answers

Answer 1

Answer:

Under direct write-off method, a bad debt is charged to expense as soon as it is apparent that an invoice will not be paid. Under the allowance method, an estimate of the future amount of bad debt is charged to a reserve account as soon as a sale is made.


Related Questions

What case in Latin would the word boy be in the following sentence? I saw the boy.

Answers

Answer:

The answer is Accusative

What case in Latin would the word sister's be in the folllowing sentence?

The sister's jacket was on the floor.

Answers

Answer:  quid soror be?

Explanation: is that it

He words you say are repeated several times in the sentence. What is the repetition's function?.

Answers

Answer:

Repetition can be used to emphasize something.

Repetition is a favored tool among orators because it can help to emphasize a point and make a speech easier to follow. It also adds to the powers of persuasion studies show that repetition of a phrase can convince people of its truth.

Other Questions
The Forensic Anthropology Facility was founded by whom? Missed 10 days of Algebra 2. I think they did some Long Division stuff but i need help figuring out how to do this stuff...I attached an image below of some example problems Christine's parents gave her $70 to spend at the Topsfield Fair. She spent $10 on flowers and needs to buy vases. Each antique flower vase at the fair costs $3.Which represents the number of antique flower vases Christine can buy?at least 20 vasesO at the most 20 vasesO exactly 20 vasesO at the most l vase Simplify the following: Can someone please reading this and tell me if it sounds good so far, thanks! dis-moi comment dire je t'aime en trois langues diffrentes Select the correct answer.Read the passage and identify the room that's most likely being described.La pice a un rfrigrateur, un lave-vaisselle et une cuisinire grise. Dans cette pice, on peut cuisiner et aussi manger.OA.la chambreOB.la salle de bain,la cuisineOD. l'entreO E.la terrasseResetNext True or False: Cardiac muscle is also known as smooth muscle. Which best revises this sentence to create a more formal style and tone?The Great Wave was as cheap as buying a double helping of noodles. Since lots of copies could be made and still look great, people started making piles of money.The Great Wave was inexpensive to purchase, costing about the same as a double helping of noodles. Since mass quantities could be produced and still look exquisite, it became highly profitable to sell.The Great Wave cost next to nothing, practically the same as a double helping of noodles. Since mass quantities could be produced and still look awesome, it became highly profitable to sell.The Great Wave was inexpensive to purchase, similar to buying a double helping of noodles. Since lots of copies could be made that still looked amazing, those who sold it made tons of money. What is the structure of the forebrain that connects the two hemispheres of cerebrum? What is "four times the sum of x and y" in a mathematical phrase?. Joseph is pouring concrete for his new patio. The area of the patio is 25.2 square feetand the length is 7.2 feet. What is the width, w, of his patio? Please help me! I will give brainliest to best answer! Line FG passes through points (0, 2) and (3, 2). Line FG is formed by dilating line FG by a factor of 2 about the origin. Which statement is true? Group of answer choices Line FG is the original line. Line FG passes through the origin. Lines FG and FG are parallel to each other. Lines FG and FG are perpendicular to each other. PLS FAST!! WILL GIVE BRAINLIEST!! 20 POINTS!! One evening, Naseem hears her parents talking about her older brother. She learns that he has failed a drug test at school and must get substance abuse treatment to avoid being expelled. She decides that she will talk to her brother about getting treatment. Naseem asks you for help preparing for this conversation.Do the following to provide help:Look up at least three different treatment programs in your area. Briefly describe these programs as well as the pros and cons of each. What role can Naseem and her family play in helping her brother avoid substance abuse? These tables of ordered pairs represent some points on the graphs of lines p and r.Which system of equations is represented by lines p and r?9x4y=92x+4y=153xy=127x+3y=212xy=82x+y=7x2y=86x+5y=30Line px y3 20 84 16Line rx y5 172 35 3 help im not good in math which letter in the word scribble comes latest in the alphabet Complete the missing factors6a^2 + 11b - 35b^2 = ( 3a _______)(2a______)please help me, thank you. Read the procedure for planting seeds in a garden.1. Locate a sunny area.2. Prepare the soil by turning and removing rocks.3. Measure rows for planting as directed on seed packet.4.5. Water well.What should Step 4 be?Hope for lots of rain.Wait for the last frost of spring.Place seeds in soil.Decide what type of seeds to buy.