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Jones Co.sells on credit and maintains an allowance for doubtful accounts equal to 2% of the company's $3,450,000 receivables balance.Due to a cash shortfall,Jones sells $275,000 of its receivables with recourse to Ninth National Bank,and the bank withholds $12,000 from the factoring proceeds to cover possible noncollections.If the noncollections eventually amount to $15,000,the entry on Jones' books when notified of this fact would be:
Pulmonic Stenosis
A congenital heart defect characterized by the narrowing of the pulmonary valve, impeding blood flow from the right ventricle to the pulmonary artery.
Caloric Density
The amount of calories contained in a specified amount of food, indicating how energy-dense that food is.
Nasal Oxygen Cannula
A device used to deliver supplemental oxygen through two small tubes that sit in the nostrils, commonly used for oxygen therapy.
Apical Pulse
The heart rate as measured at the apex of the heart, typically used to assess cardiac function.
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