Examlex
A totals query allows you to see only the results of aggregate functions,not the detail.
Allowance Account
A contra-asset account used to create an allowance for doubtful accounts, representing receivables that may not be collected.
Accounts Receivable
Amounts owed to a company by customers for goods or services provided on credit, which are expected to be collected in cash in the future.
Allowance for Doubtful Accounts
An allowance for doubtful accounts is a contra-asset account that reduces the total receivables reported to reflect the amount expected to be uncollectible.
Bad Debts Expense
The cost associated with accounts receivable that a company is unable to collect, recognized as an expense.
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