Examlex
The term neo-Freudians refers to a group of psychoanalysts who followed Freud in stressing the importance of unconscious conflicts and early childhood experiences, but developed their own personality theories.
Debit Balance
A situation in an account where the sum of debits exceeds the sum of credits, indicating an amount owed or an asset.
Allowance for Doubtful Accounts
An estimation of the accounts receivable that is not expected to be collected, reducing the gross receivables to the amount that is expected to be collected.
Bad Debt Expense
An expense reported in the financial statements, representing accounts receivable that a company does not expect to collect from its customers.
Allowance Method
A method in accounting that estimates uncollectible accounts to account for potential bad debts at the conclusion of each period.
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