Under the direct write-off method, bad debt expense is not estimated and an allowance account is not used.

A small U.S. print studio uses Facebook and Pinterest to promote its stationery and other products

The regular posts and reviews from customers have attracted the attention of several companies worldwide who like to customize their office stationaries and supplies. This is an effect of__________. Fill in the blanks with correct word.

Which of the following terms refers to the difference calculated by subtracting income taxes from the operating income of an organization?

A) Gross revenue B) Net income C) Gross profit D) Cash flow E) Leverage