Civil law deals mainly with torts and contract law

Under the allowance method of accounting for credit losses, the entry to write off a specific account:

Select one: A. Will increase total assets B. Is the same as the entry to write off a specific account under the direct write-off method C. Does not affect net income or total assets D. Debits Bad Debts Expense and credits Allowance for Uncollectible Accounts

Secondary data sources such as the U.S. Census of Retail Trade may be inappropriate for a researcher due to the categories used by the government to study demographics such as age and income

Indicate whether the statement is true or false