The Constitution provides the legal framework for the United States
Indicate whether the statement is true or false
TRUE
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On June 16, 2018, Evergreen Company wrote off the $200 receivable from customer M. Simmons. On October 14, 2018, Evergreen unexpectedly receives $200 cash from M. Simmons. How should Evergreen record the $200 payment from M. Simmons? Evergreen uses the allowance method.
A) Debit Cash and credit Bad Debts Expense B) Debit Accounts Receivable - M. Simmons and credit Allowance for Bad Debts; debit Cash and credit Accounts Receivable - M. Simmons C) Debit Accounts Receivable - M. Simmons and credit Bad Debts Expense; debit Cash and credit Accounts Receivable - M. Simmons D) Debit Cash and credit Allowance for Bad Debts
Increases in equity from a company's sales of products or services are:
A. Assets. B. Expenses. C. Stockholders' Equity. D. Liabilities. E. Revenues.
________ is the last stage of the personal selling process.
A. Handling customer objections B. Following up with customers C. Opening the relationships D. Qualifying prospects E. Prospecting for customers
____________________ describes your ability to interact with others.
Fill in the blank(s) with the appropriate word(s).