UML Consists of Things, Relationships, and Diagrams

question 5

True/False

UML consists of things, relationships, and diagrams.

Record transactions involving the sale of accounts receivable to a bank or factoring company.

Describe and apply the concept of the Allowance for Doubtful Accounts.

Calculate and record transactions related to notes receivable, including interest calculations and dishonored notes.

Understand and apply the percent of sales method for estimating bad debts.