What Did the Characters in the Pictographic Writing of the Chinese

question 50

Multiple Choice

What did the characters in the pictographic writing of the Chinese represent?

• A)A fairly simple and straightforward phonetic language.
• B)A polysyllabic spoken language.
• C)A blending of many different writing systems.
• D)Late development of a complex writing system.
• E)A monosyllabic logograph that can denote actions as well as words.

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Definitions:

Percent of Receivables Method

A method used in accounting to estimate bad debts expense based on a percentage of accounts receivable judged to be uncollectible.

Unadjusted Trial Balance

A financial report that shows the balances of all accounts, including assets, liabilities, equity, income, and expenses before any adjustments are made for the accounting period.

Bad Debts Expense

An expense reported on the income statement reflecting the cost of accounts receivable that a company does not expect to collect.

Factoring Fee Expense

A cost incurred by a business when it sells its accounts receivable to a third party (the factor) at a discount.