Examlex
Which cost would not be considered part of a holding cost?
Allowance Account
An account used in accounting to reduce the value of accounts receivable to a more realistic amount by accounting for potential bad debts.
Uncollectibles
Debts owed to a company that are considered unlikely to be recovered or paid.
Aging of Receivables
The process of categorizing accounts receivable by their due dates to estimate bad debt expenses.
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