It Was During the Saïte Dynasty That a Simplified Form

question 12

Multiple Choice

It was during the Saïte Dynasty that a simplified form Egyptian hieratic script known as _______ replaced hieroglyphic and hieratic scripts for official, legal, and commercial documents.

• A)Coptic
• B)Aeolic
• C)polyphonic
• D)demotic

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Definitions:

Uncollectible Accounts Receivable

Accounts receivable that are considered to be uncollectible due to the inability of the customers to pay.

Journal Entries

Recorded transactions in the accounting system, documenting financial changes in accounts.

Percent of Sales

Percent of sales is a financial analysis tool that helps in estimating how certain accounts, like revenue and expenses, will vary in proportion to changes in sales.

Bad Debts

Debts that are not recoverable and are written off as a loss by the business because they cannot be collected.