Examlex
Niches can grow and change over time.
Adjustment
A modification made to financial records to correct or update them.
Balance Sheet Approach
A method of estimating the net worth of a company by comparing its assets against its liabilities and shareholders' equity.
Receivables
Amounts owed to a company by its customers from sales or services provided on credit.
Bad Debts
Accounts receivable that a company has determined are uncollectible, leading to their recognition as a loss.
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