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Please give one to two examples of how emotional intelligence might be important to professional and personal success.
Bad Debt Expense
The estimated amount of accounts receivable that is not expected to be collected.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of accounts receivable that may not be collectible, reflecting potential losses due to credit sales.
Uncollectible Receivables
Debts owed to a company that are considered unlikely to be paid by the debtor.
Bad Debt Expense
An expense account reflecting the estimated amount of receivables that are expected not to be collected.
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