Examlex
Which one of the four keywords in SQL is used to establish criteria?
Bad Debts Expense
Bad debts expense represents the portion of receivables that a company estimates it will not be able to collect.
Allowance for Doubtful Accounts
An accounting provision made by companies to account for potential future bad debts, reflecting credit sales that might not be collected.
Write Off
The accounting action of declaring that an asset is no longer useful and recording its depreciation in the financial statements.
Expense Recognition Principle
An accounting principle that matches expenses with the revenues they helped to generate, recognizing expenses in the same period as the revenues.
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