Over the course of post-Civil War history, many third partie…

Over the course of post-Civil War history, many third parties have formed and existed briefly on the political scene only to fade from view after a fairly brief period of time.  The result has always been dominance of the system by two major political parties.  What are some of the factors that have retarded the development of third parties as continuing forces in American politics?

7) Using the percentage-of-sales method, the estimated total…

7) Using the percentage-of-sales method, the estimated total uncollectible accounts are $6,322. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $3,135. The Accounts Receivable balance is $44,520. The amount of the adjusting entry for Uncollectible-Accounts Expense is: