having low blood glucose levels without the usual warning signs; have ketones from high blood glucose levels; How Do I Check? After washing your hands, insert a test strip into your meter. Use your lancing device on the side of your fingertip to get a drop of blood. Touch and hold the edge of the test strip to the drop of blood, and wait for the result. Your blood glucose level will appear on the meter's display.
There are two methods to account for bad debt: 1  Direct write off method (Non-GAAP) - a receivable which is not considered collectible is charged directly to the income statement. 2  Allowance method (GAAP) - an estimate is made at the end of each fiscal year of the amount of bad debt.
âCash Basisâ is a method of accounting in which revenues are recorded only when cash is received and. expenditures are recorded only when cash is paid. 5-0210.20 BASIC ACCOUNTING PROCEDURES. GAAP requires that revenues of governmental trust fund types be recorded in an accounting period if âmeasurableâ.