Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calculating the allowance for doubtful accounts? Do the generally accepted accounting principles allow for using both methods at the same time? Why?
Weegy: Small Business > Running a Business > Sales Percentage of Receivables Vs. Percentage of Sales by Kenneth V. [ Oster, Demand Media Google Accountants use accounting procedures to reconcile noncollectable accounts. Accountants use accounting procedures to reconcile noncollectable accounts. Related Articles Gross Sales vs. Percentage of Payroll The Recommended Percentage of Sales for a Marketing Budget Sales Expense vs. Revenue Percentage Limitations of the Percentage of Sales Forecasting Method Added Sales as a Percentage of Total Sales Equation Tracking Goals Vs. Sales Percentage Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP), these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding fiscal reporting period. ] (More)
Question
Expert Answered
Asked 7/31/2013 5:34:14 PM
0 Answers/Comments
17,969,731 questions answered
Popular Conversations
How is the infinitive phrase used in the sentence? Morning is the ...
Weegy: To go to college is my greatest ambition. The infinitive phrase "to go to college" is used as noun as subject. ...
10/24/2014 11:04:05 AM| 5 Answers
Simplify. n 6 · n 5 · n 4 ÷ n 3 · n 2 ÷ n User: Find the ...
Weegy: What is your question? User: Simplify. y 5 ÷ y 3 · y 2 Weegy: y^5 ? y^3 ? y^2; y^8 ? y^2 = y^6 User: ...
10/24/2014 11:04:16 AM| 4 Answers
Brandon's huge collection of paper cranes come from his origami ...
Weegy: The correct sentence is: Brandon's huge collection of paper cranes comes from his origami hobby. User: ...
10/24/2014 7:48:30 AM| 3 Answers
William H. Crawford represented which ...
10/24/2014 7:25:41 AM| 2 Answers
Is the sentence compound, or is it simple with a compound verb? You ...
Weegy: Verb is a word (part of speech) that in syntax conveys an action (bring, read, walk, run, learn), an occurrence ...
10/24/2014 7:51:29 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2656 [Total 15031]| Ratings 0| Comments 2656| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1649 [Total 11130]| Ratings 4| Comments 1609| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 898 [Total 13127]| Ratings 0| Comments 898| Invitations 0|Offline
S
L
Points 615 [Total 2014]| Ratings 0| Comments 615| Invitations 0|Offline
S
1
L
L
Points 505 [Total 6299]| Ratings 3| Comments 475| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 454 [Total 455]| Ratings 6| Comments 394| Invitations 0|Offline
S
Points 277 [Total 277]| Ratings 1| Comments 267| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
L
Points 45 [Total 1262]| Ratings 1| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.