Ella Is a Cash Method Sole Proprietor Providing Senior Care

question 60

True/False

Ella is a cash method sole proprietor providing senior care services to clients.One of her clients passes away owing her $1,500 for services performed.Ella has been notified that there are no assets in the estate to pay her bill.Ella will be able to recognize a business bad debt.

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Definitions:

Tristearin

A triester derived from glycerol and stearic acid; it's a fat commonly found in animal and vegetable fats.

Aqueous Solution

A solution in which water is the solvent and can dissolve a variety of solutes, both ionic and molecular.

Immiscible Liquids

Liquids that do not mix together to form a homogeneous solution, often separating into distinct layers when combined.

Wax

A diverse class of organic compounds that are malleable at room temperature, typically consisting of long-chain alkanes, esters, or a variety of other compounds.