The matching principlea. requires that all credit losses be recorded when an individual customer cannot pay. b. necessitates the recording of an estimated amount for bad debts. c. results in the recording of a known amount for bad debt losses. d. is not involved in the decision of when to expense a credit loss.

A

Explanation: Matching concept of accounting is a practice in Accounting when all revenues and associated expenses relating to a particular period are recognised.

From the above question, credit losses are recorded when it is obvious that the individual customer cannot pay.

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

the answer is i don't know