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Describe the various types of storms found in Earth's atmosphere.
Average Account Receivables
The average amount of money owed to a company by its customers for goods or services delivered on credit.
Allowance Method
An accounting technique that estimates uncollectible accounts receivable as an expense, reducing the accounts receivable balance.
Outstanding Accounts Receivable
The amount of money owed to a company by its customers for goods or services delivered but not yet paid for.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of accounts receivable that is expected to become uncollectible.
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