Using Map 12

question 59

Essay

Using Map 12.1, describe the geographical extent of the Mongol Empire at its peak in the thirteenth century. Who were the various peoples and cultures in these conquered lands?

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Definitions:

Note Receivable

A written promise for amounts to be received by a business, typically including interest.

Allowance Method

An accounting technique used to account for bad debts, where an estimated amount is deducted from accounts receivable to reflect possible non-collection.

Bad Debts

are amounts owed to a company that are considered uncollectible, leading to a financial loss.

Percentage of Sales

A financial analysis tool used to forecast future expenses, based on a fixed percentage of the total sales.