The accounting records of Liz Company contained the following journal entry.

Account Titles Debit Credit
Uncollectible Accounts Expense 440
Allowance for Doubtful Accounts 440

Which of the following events could have required this journal entry?

a. Recognized uncollectible accounts expense under percent of receivables method.
b. Recognized uncollectible accounts expense under the aging method.
c. Recognized uncollectible accounts expense under the percent of revenue method.
d. All of the answers describe events that could have caused the effects shown in the statements model.

If you miss two payments on a credit card what is generally the penalty

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to: