Examlex
If a load is pure resistive, the power factor has a value of unity, or 1.
Uncollectible Percentage
An estimated fraction of accounts receivable that a company does not expect to collect.
Aging
A method used in accounting to categorize accounts receivables based on the length of time an invoice has been outstanding.
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.
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