Examlex
These syllogisms typically involve relations where members of one category belong to another category as well.
Allowance for Doubtful Accounts
An estimation of the amount of accounts receivable that may not be collectible, serving as a contra asset account.
Aging Method
An accounting technique used to estimate the amount of bad debt expense by classifying accounts receivable according to their age.
Credit Sales
Transactions where the buyer is allowed to pay for goods or services at a later date, rather than at the time of purchase.
Interest Rate
A cost, depicted as a percent of the original amount, that a lender demands from a borrower for the right to use resources.
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