Examlex
Which structure collects the water and small dissolved molecules forced out of the bloodstream during the process of filtration?
Allowance for Doubtful Accounts
An accounting method used to estimate the portion of a company's receivables that may not be collected, reducing the accounts receivable balance accordingly.
Uncollectible Accounts
Uncollectible accounts are receivables that a company deems uncollectable and likely will not be recovered, often written off as a bad debt expense.
Percent of Sales Method
A financial forecasting approach in which accounts are projected to increase as a percentage of the projected sales level.
Unadjusted Trial Balance
A list of all the accounts and their balances in a company's ledger before any adjusting entries are made for accounting purposes.
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