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What does "bacteremia" refer to?
Allowance for Doubtful Accounts
A contra-asset account that reduces the total receivables reported to reflect the amount that is expected to be uncollectible.
Bad Debt Expense
Bad debt expense is the cost associated with accounts receivable that a company cannot collect.
Allowance Method
An accounting technique to estimate and record bad debts expense, acknowledging that a certain percentage of accounts receivable may not be collectible.
Aging Receivables
A method of categorizing accounts receivable based on how long they have been outstanding to assess and manage credit risk.
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