Use DeMorganʹs Laws or a Truth Table to Determine Whether $$\sim ( p \vee q ) , \sim p \wedge \sim q$$

question 79

Multiple Choice

Use DeMorganʹs laws or a truth table to determine whether the two statements are equivalent.
- $$\sim ( p \vee q ) , \sim p \wedge \sim q$$

• A) Equivalent
• B) Not equivalent

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Definitions:

Bad Debts Expense

An expense recognized when it is probable that receivables will not be collected and is considered a cost of doing business on credit.

Allowance for Doubtful Accounts

A contra asset account that represents estimated uncollectible amounts from customers, reducing the gross receivables to their net realizable value.

Bad Debts Expense

The cost recognized when a company determines that a customer's loan or receivable account is uncollectible.

Allowance Method

An accounting technique used to estimate and adjust accounts receivable for amounts that are unlikely to be collected.