If a Child's Balloon Filled with Helium Were Heated with a Blow-Dryer

question 49

Multiple Choice

If a child's balloon filled with helium were heated with a blow-dryer, the balloon would increase in volume.What would happen to the density of the helium in the balloon?

• A)It would decrease.
• B)It would increase.
• C)It would remain the same.
• D)A chemical reaction would occur, so it is impossible to predict.
• E)The initial statement is incorrect-the volume of the balloon would not increase.

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Definitions:

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collected, which is used to adjust the gross accounts receivable to its net realizable value.

Estimate

An approximate calculation or judgment of the value, number, quantity, or extent of something, often used in planning and decision-making.

Balance Sheet Approach

A method used to calculate the amount required in the Allowance for Doubtful Accounts to cover expected uncollectibles. This method is based on the Accounts Receivable amount and the aging process. The adjustment to the Allowance for Doubtful Accounts will bring the new balance of that account to the new required level.

Bad Debts Expense

The portion of receivables that a company does not expect to collect and writes off as a loss.