Ella Is a Cash- Basis Sole Proprietor Providing Senior Care

question 2184

True/False

Ella is a cash- basis 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:

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