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Why is Canada's poor still less healthy than individuals from the middle and upper classes?
Aging of Receivables
Aging of receivables is an accounting method used to estimate the amount of a company's accounts receivable that may not be collectible, represented in time categories based on the length of time the invoices have been outstanding.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's receivables that may not be collected.
Bad Debt Expense
A ledger showing the value of invoices that a business anticipates it will not be able to receive payment for.
Aging of Receivables
A method for managing accounts receivable by categorizing debts by their due ages to estimate the timing of collections.
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