Examlex
What is the fallacy used in the following passage? "Liberals believe in abortion on demand, which means that killing a baby is permissible any time at all-at conception, in the second trimester, at infancy. Any of these would be appropriate times to kill a baby, says the liberal."
Bad Debts Expense
The cost associated with the portion of accounts receivable that is estimated to be uncollectible during a fiscal period.
Uncollectible Account
A receivable that is considered uncollectible from a debtor, usually displayed as an expense.
Allowance for Doubtful Accounts
A contra-account reducing accounts receivable to reflect the amount expected not to be collected due to customers' defaulting.
Gross Amount
The total amount before any deductions, such as taxes, expenses, or discounts, are subtracted.
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