On the balance sheet, the amount shown for the allowance for doubtful accounts is equal to the a. uncollectible accounts expense for the yearb. total of the accounts receivables written-off during the year c. total estimated uncollectible accounts as of the end of the yeard. sum of all accounts that are past due

Option C) total estimated uncollectible accounts as of the end of the year

Explanation:

With the Allowance method the company has to recognize an estimation of the losses it anticipates at the end of each accounting period, at this moment the balance of the Allowance for Doubtful Accounts is defined for the rest of the year as a percentage of the net sales.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi