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Which 2 of the following are NOT admissible as documentary hearsay? s.117 C.J.A. 2003 regulates documentary admissibility.
Permanent Account
An account that is not closed at the end of the accounting period and whose balances are carried forward into the next period.
Allowance for Doubtful Accounts
An accounting method used to estimate the portion of accounts receivable that is expected not to be collected.
Net Realizable Value
The amount (Accounts Receivable – Allowance for Doubtful Accounts) that is expected to be collected.
Gross Accounts Receivable
The total amount owed to a company by its customers for goods or services delivered on credit before any deductions for returns or bad debts.
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