When a Current Flows Through an Ionic Liquid Such as Salty

question 24

Multiple Choice

When a current flows through an ionic liquid such as salty water, the moving charges are

• A) only negative ions.
• B) only positive ions.
• C) both positive and negative ions.
• D) only protons.
• E) only electrons.

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Accounts Receivable

Monies owed to a business by its customers for goods or services delivered or used but not yet paid for.

Bad Debt Expense

An expense recognized by businesses for receivables that are considered uncollectible, reflecting estimated losses.

Consignment

A business arrangement where goods are left with a third party to sell, but the original owner retains ownership until the items are sold.

Allowance for Uncollectible Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collected.