More Than 5,000,000 ___________ Legally Immigrated to the U

question 27

Multiple Choice

More than 5,000,000 ___________ legally immigrated to the U.S.between 1980 and 2012.

• A)Mexicans
• B)Haitians
• C)Jamaicans
• D)Colombians

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Definitions:

Allowance Method

An accounting technique used to estimate and account for potential uncollected debts or credit losses in financial statements.

Uncollectible Receivables

Financial debts owed to a company that are deemed uncollectible and written off as a loss.

General Journal

The two-column form used for entries that do not “fit” in any of the special journals.

Notes Receivable

Formal promises in writing that obligate the signer to pay the holder a specified sum of money either on demand or at a future date.