​Until the Early 1800s, Scientists Believed That Molecules of Life

question 61

Multiple Choice

​Until the early 1800s, scientists believed that molecules of life could only be made _____.

• A) ​by prokaryotes
• B) ​by organisms with RNA genomes
• C) ​inside hydrothermal vents
• D) ​by protocells
• E) ​inside living organisms

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Definitions:

Allowance Method

An accounting technique used to account for bad debts by estimating uncollectible accounts at the end of each period.

Direct Write-off Method

An accounting method where uncollectible debts are written off to expense only when they are determined to be uncollectible.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.

Receivables

Amounts owed to a company by its customers arising from the sale of goods or services on credit.