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Global inequality is apparent in .
Uncollectible Receivables
Debts owed to a company that are considered to be uncollectable and are written off as a loss.
Debit Balance
Occurs when the total of debits in an account exceeds the total of credits, which can be typical for accounts like expenses, assets, and losses.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's accounts receivable that may not be collectible.
Allowance for Doubtful Accounts
A contra-asset account that represents the estimated portion of accounts receivable that may not be collectible.
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