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Identify and Give an Example of Two Ways to Make

question 2

Essay

Identify and give an example of two ways to make the words in your speech more understandable, personal, and informal.


Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenues.

Bad Debt Expense

An estimate of the accounts receivable that a company does not expect to collect, recognized as an expense.

Journal Entry

A record in the books of accounts that logs financial transactions, including debits and credits, in chronological order.

Credit Terms

Conditions under which a seller will extend credit to a buyer, including the repayment time frame, discount for early payment, and interest rate.

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