Examlex
Match the correct answer with the appropriate term.
-Clinical examination of blood and urine
Bad Debts Expense
An expense reported on the income statement reflecting the cost of accounts receivable that a company does not expect to collect.
Factoring Fee Expense
A cost incurred by a business when it sells its accounts receivable to a third party (the factor) at a discount.
Accounts Receivable
Funds that clients or customers owe to a company for products or services that have been provided but not yet compensated for.
Necessary Cash
The minimum amount of cash required by a company to carry out its day-to-day operations.
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