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Companies are prohibited from combining the percent-of sales and the aging methods when estimating uncollectible accounts.
Public International Law
A body of legal rules and norms that governs the conduct and relations of states, international organizations, and, in certain cases, individuals.
Sovereign Governments
The ultimate authority within a defined geographical territory, responsible for creating and enforcing laws.
Legal Jurisdiction
The authority given to a legal body to administer justice within a specific area of responsibility.
Intellectual Property
Legal rights that protect creations of the mind, such as inventions, literary and artistic works, designs, and symbols.
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