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The two bases for estimating uncollectible accounts?

The two primary bases for estimating uncollectible accounts are the percentage of accounts receivable method and the aging of accounts receivable method. The percentage of accounts receivable method uses a historical percentage of uncollectible accounts applied to the total accounts receivable balance. In contrast, the aging of accounts receivable method categorizes receivables based on how long they have been outstanding, applying different estimated uncollectible rates based on the age of each category. Both methods help businesses assess potential losses from credit sales.


Where can one find more information about small business accounts?

Small business accounts are often provided by financial institutions as a financial vehicle for small businesses. Often times these are checking accounts, with moderate interest returns, and may carry monthly fees. Some banks may offer additional features, such as custom checks, checking protection, and advances on these accounts.


What features are included with the Capital One DirectBanking account?

Capital One Direct Banking offers a range of Personal and Business accounts. The features included in their Personal Checking and Saving Accounts vary according to your State of Residence. It is recommended to check with a local branch or enter your Zipcode online to see exactly which features are available in your area, but all will include deposit and withdrawal facilities, debit cards, and online banking.


What are the basics an accounting package should include?

An accounting package is necessary for keeping track of all of your company's financial transactions. Common features in an accounting package include Accounts Payable, Accounts Receivable, Billing, Purchase Orders, Sales Orders, and more. Depending on what type of company you are running, you may need more extensive features in your accounting package.


What would someone do with Sage Accpac?

Sage Accpac is an accounting software to help small businesses operate more smoothly. It keeps track of accounts payable, accounts receivable, order history and account statistics as well as several other features.

Related Questions

Did Jesus die a virgin, according to historical accounts"?

According to historical accounts, Jesus died a virgin.


How many commandments were there originally according to historical accounts?

There were originally ten commandments according to historical accounts.


Were Mark and Luke apostles according to historical accounts?

No, according to historical accounts, Mark and Luke were not apostles. They were companions of apostles and wrote the Gospel accounts in the New Testament.


What is the web address of the Historical Accounts Repository Partners in Seattle Washington?

The web address of the Historical Accounts Repository Partners is: historicalaccounts.org


Did the earth shake when Jesus died, according to historical accounts"?

There are no historical accounts that specifically mention the earth shaking when Jesus died.


Who are those who pierced Jesus according to historical accounts?

According to historical accounts, those who pierced Jesus were Roman soldiers who crucified him.


Who was Thomas Didymus' twin according to historical accounts?

According to historical accounts, Thomas Didymus' twin was believed to be James the Less.


Which method separates modern historians from ancient Greek historians?

Basing historical accounts on reliable evidence


Could Jesus read and write, according to historical accounts"?

Yes, according to historical accounts, Jesus was likely able to read and write.


How long did Jesus hang on the cross according to historical accounts?

Historical accounts suggest that Jesus hung on the cross for about three hours before he died.


Historical account related to earth science?

historical accounts related to earth science


Was Jesus hung from a tree according to historical accounts?

There is no historical evidence to suggest that Jesus was hung from a tree. According to biblical accounts, Jesus was crucified on a cross.