Examlex
Match the theory or model with its associated behaviorist.
-Albert Bandura
Allowance for Doubtful Accounts
An estimation of the amount of credit sales that are expected not to be collected, representing a reserve for potential bad debts.
Notes Receivable
Legally enforceable claims for money owed to a business by its customers or clients, typically evidenced by a written promise to pay.
Formal Instruments of Credit
Legal documents that acknowledge debt and specify terms of repayment, such as notes payable or bonds.
Accounts Receivable Turnover
A financial ratio that measures how efficiently a company collects revenue by comparing net credit sales to the average accounts receivable.
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