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Bases bad debt expense on the historical perspective of credit sales that result in bad debts?
Wiki User
∙ 15y ago
'Percentage of Credit Sales Method'
Wiki User
∙ 15y ago
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What is the sale of merchandise by a company on its own credit card that may result in a debit to service charge expense?
credit to interest revenue
Net income will result during a time period when?
revenues exceed expenses.
How do you account for goods received and invoice received?
Goods Received: Debit Stock Credit Goods Received Invoice Received: Debit Goods Received Credit Trade Payables Result: Debit Stock (Asset) Credit Trade Payables (Liability)
What is difference between purchases and expenses?
Expenses means money spent or cost incurred in an entity,s effort to generate revenue. it represent cost of doing business. Purchase means cost of buying goods/ services.It result in increase in expense. Thus expense is a wider term which includes purchase in it.
What does SYNCB stand for on credit report?
SYNCB is the result of GE Capitol changing their name to Synchrony Bank (SYNCB).
What is the sale of merchandise by a company on its own credit card that may result in a debit to service charge expense?
credit to interest revenue
How does his or her perspective affect historians work?
he or her does something to make the history
The recording of an expense could result in a corresponding increase in?
revenue
Why is your credit history so important?
One's credit history is very important because the history provides an insight into how an individual, in both the past and right now, handled (handles) credit. As a result, over 80% of the decision made by a financial institution regarding a consumer loan is based purely on your historical (and current) use of credit.
What was the value of an English shilling in 1774?
One Shilling GBP in 1752 had the purchasing power of about £5.86 GBP today. NOTE - This historical conversion is the result of many calculations and considerations for which I cannot take credit. The resulting answer should only be regarded as an approximation.
What happened to saul's spiritual perspective as a result of his encounter with Christ?
He was saved
What is eugenic criminology?
Eugenic criminology is a historical perspective that suggested criminal behavior is the result of genetic inferiority. It proposed controlling reproduction to eliminate criminal traits from the population. This concept has been widely discredited due to its unethical and pseudoscientific nature.
What was the value of a shilling in 1912?
One Shilling GBP in 1592 had the purchasing power of about £9.15 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
What could you buy with a Sovereign in 1900?
One Sovereign (One Pound) GBP in 1900 had the purchasing power of about £75.11 GBP today. NOTE - This historical conversion is the result of many calculations and considerations for which I cannot take credit. The resulting answer should only be regarded as an approximation.
Most language researchers think the interactionist perspective offers the best explanation for language. What does the perspective say?
language is a result of nature and nurture
Is recording an annual depreciation expense an accrued expense?
Yes. Annual depreciation is the method by which we allocate the cost of a tangible asset over the course of its useful life independent of the cash flows associated with it. As a result, it is considered an accrued expense.
What was one result of the colonization Islamic world by European powers?
it is the perspective of a rebirth
