Examlex
The qualitative characteristics of accounting data include
Allowance Account
An accounting reserve set up to account for future adjustments such as bad debts or product returns.
Direct Write-off Method
An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed non-collectable.
Allowance for Doubtful Accounts
An accounting provision representing the estimated portion of receivables that may not be collected.
Accounts Receivable
Represents money owed to a company by its customers for goods or services delivered but not yet paid for.
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