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Michael Martin (1932-2015) was a professor at Boston University and author of several books including Atheism, Morality, and Meaning (2002) and Atheism: A Philosophical Justification (1990). He also edited several collections, most notably The Cambridge Companion to Atheism (2006). Martin critiques Alvin Plantinga's argument that it is acceptable for persons to believe that God exists even if they cannot produce evidence or argument to justify that belief. Plantinga begins with the traditional philosophical view that all our beliefs are based ultimately on beliefs that are "properly basic"-they are either self-evident (such as "two plus two equals four") or evident to the senses (as when our looking at or remembering a tree shows immediately that there is or was a tree). To be counted as genuine knowledge our beliefs must be either properly basic or justified by beliefs that ultimately rest on those that are properly basic. Plantinga contends that belief in God can be a properly basic belief and thus require no supporting evidence. Martin argues, however, that because Plantinga's approach allows people to formulate their own properly basic criteria from their own unique experience and perspective, almost any belief-no matter how bizarre-could be considered properly basic.
-Martin contends that Plantinga's refutation of classical foundationalism has no relevance for contemporary foundationalism.
Carrying Value
The value of an asset as shown on the balance sheet, representing its original cost minus any accumulated depreciation, impairment, or amortization.
Allowance Method
A technique used in accounting to estimate and account for bad debts by recognizing them as an expense before the debts actually become uncollectible.
Bad Debts Expense
Bad debts expense represents the recognition of accounts receivable that are not expected to be collected, impacting a company's financial statements.
Allowance for Doubtful Accounts
A reserve for accounts receivable that a company does not expect to collect in full, acknowledging some customers may not pay their debts.
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