The Idea Behind Pen-Based Input and ____________________ in General Is

question 11

Short Answer

The idea behind pen-based input and ____________________ in general is to make using a computer as convenient as writing with a pen.

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Definitions:

Allowance Method

A method used in accounting to estimate the amount of uncollectible accounts receivable. This ensures revenues and expenses are matched in the period they are incurred.

Allowance for Doubtful Accounts

This is a contra-asset account used to estimate the portion of accounts receivable that may not be collectible.

Accounts Receivable

Funds that customers owe a company for goods or services already provided but not yet compensated for.

Allowance Method

An accounting technique used to estimate and account for a firm's potentially uncollectible accounts receivable.