People and groups that provide an organization with its productive resources, and thus have a claim on and a stake in the organization, are known as

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

Identify the level of the literature hierarchy for u.s. gaap to which each item belongs