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To be effective,a headline needs to interrupt readers' scanning and get their attention,present the selling premise,and lead to conviction.
Allowance for Doubtful Accounts
A contra asset account that represents an estimate of the amount of accounts receivable that may not be collectible.
Uncollectible Accounts
Accounts receivable that a company has deemed unlikely to be collected and thus written off as a loss.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.
Bad Debt Expense
The cost associated with accounts receivable that a company does not expect to collect because customers default on their payments.
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