Convert This Fraction into the Decimal Form

question 70

Short Answer

Convert this fraction into the decimal form. If appropriate, place a dot above a decimal number to show that it repeats:

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Definitions:

General Journal Entries

Records of financial transactions in the general journal, documenting the details of business transactions and their impact on the accounts.

Allowance Method

An accounting technique used to estimate the amount of bad debts that will not be collected from customers.

Note Receivable

A financial asset representing a promise to receive a specific amount of money at one or more future dates, typically a formal loan to another entity.

Uncollectible Account

A receivable that a company has deemed to be uncollectable from the debtor, often written off as bad debt or expense.