Examlex
Learning that involves transfer of a natural response from one stimulus to another previously neutral stimulus is called classical conditioning.
Bad Debts Expense
Expenses linked to accounts receivable that a firm anticipates will not be collected.
Allowance Method
An accounting technique used to account for bad debts, which estimates uncollectible accounts receivable and creates a provision for them.
Accounts Receivable
Financial dues from customers to an organization for products or services that have been dispensed but not reimbursed.
Allowance for Doubtful Accounts
A contra asset account used to estimate the portion of a company's receivables that may not be collectible.
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