I’m taking financial accounting & I need someone to answer these 7 questions. due aftrer an hr at 11 pm

WaleedWaseem

There are two methods for calculating the allowance account, percent of sales and aging of accounts receivable. Briefly describe the difference between these two methods.
Name the 3 methods companies can use to depreciate assets.
What is the difference between operating, investing and financing activities of a business? Provide an example for each area.
. If the stated rate of a bond is issued above market rate it is issued at a ___Premium___________.
. If the stated rate of a bond is issued below market rate it is issued at a ____Discount__________.
True or false – the notes to the financial statements are an integral part of the financial statements and should be reviewed to gain a complete picture of the company’s financial situation.
True or false – the external auditors are responsible for reviewing and giving an opinion on the notes to the financial statements as well as the overall financial statements.