Ella Is a Cash- Basis Sole Proprietor Providing Senior Care

question 2184

True/False

Ella is a cash- basis sole proprietor providing senior care services to clients. One of her clients passes away owing her $1,500 for services performed. Ella has been notified that there are no assets in the estate to pay her bill. Ella will be able to recognize a business bad debt.

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Definitions:

Significant Changes

Transformations or shifts in circumstances, conditions, or behaviors that have a profound impact on an individual or context.

Young Adult

A genre of literature or media that focuses on characters and themes appealing to adolescents and young adults, often dealing with coming-of-age themes and challenges.

Cross-sex Relationships

Relationships formed between individuals of different sexes, often emphasizing the platonic rather than romantic or sexual nature of the interaction.

Levels of Intimacy

Degrees of closeness and shared personal knowledge within a relationship, which can range from superficial to deeply personal.