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If We Believe That a Group Is Nothing Over and Above

question 7

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If we believe that a group is nothing over and above its members, and we believe that claims about guilt and blame should depend on claims about moral responsibility, then


Definitions:

Accounts Receivable

Monies owed to a company by customers for products or services that have been delivered or used but not yet paid for.

Aging the Accounts

The process of categorizing and reviewing accounts receivable based on the length of time an invoice has been outstanding.

Adjusting Entry

A journal entry made in accounting records to update the balances of accounts at the end of an accounting period.

Bad Debt Expense

An estimate of receivables that a company does not expect to collect, recognized as an expense in the income statement.

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