If Solving a System of Equations Using the Substitution Method

question 111

Multiple Choice

If solving a system of equations using the substitution method results in which describes the system?

• A) consistent one solution
• B) consistent infinitely many solutions
• C) inconsistent no solution

---

Definitions:

Allowance for Doubtful Accounts

This is a contra-asset account used to estimate the portion of accounts receivable that may not be collectible.

Accounts Receivable

Funds that customers owe a company for goods or services already provided but not yet compensated for.

Allowance Method

An accounting technique used to estimate and account for a firm's potentially uncollectible accounts receivable.

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collectible.