Examlex
A sesamoid bone is a specialized short bone that develops within a tendon, such as the patella.
Direct Write-off Method
The Direct Write-off Method is an accounting approach where uncollectible debts are charged directly to expense as they are identified, without creating an allowance for doubtful accounts.
Collection Bureau
An agency that pursues payments of debts owed by individuals or businesses, typically for a fee or percentage of the collected debt.
Customer Account
An account held by a business that details the transactions and financial relationship between the business and a specific customer.
Allowance Method
An accounting technique used to estimate and account for potential uncollectible debts.
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