The Allowance for Doubtful Accounts,which Appears as a Deduction from Accounts

question 59

Multiple Choice

The allowance for doubtful accounts,which appears as a deduction from accounts receivable on a balance sheet,is an application of the

• A) going-concern assumption.
• B) revenue recognition principle.
• C) matching principle.
• D) materiality constraint.

---

Definitions:

Women's Suffrage

Women's suffrage is the right of women to vote in elections, a milestone achievement in the feminist movement achieved at different times globally through sustained advocacy and activism.

Political Allies

Countries or entities that support each other politically, often due to shared interests, values, or objectives.

Reconstruction

The period after the Civil War (1865-1877) in the United States, focused on rebuilding the Southern states from the Confederacy and integrating freed slaves into society.

Economic Opportunities

Prospects for participation in the labor market and the chance to engage in profitable ventures or activities, often influencing migration patterns and personal choices.