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________ ties the basic MRP system to the company's financial system.
Allowance for Doubtful Accounts
A contra account that estimates the portion of accounts receivable which may not be collectible.
Uncollectible Accounts
Refers to debts owed to a company that it does not expect to be paid due to various reasons such as bankruptcy of the debtor.
Bad Debt Expense
An expense account that represents amounts deemed uncollectible from credit sales and highlights credit losses in financial statements.
Allowance for Doubtful Accounts
Allowance for Doubtful Accounts is a contra-asset account that reflects the estimated amount of accounts receivable which may not be collectible.
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