Examlex
Matching
-The plaintiff's ultimate burden in an age case.
Bad Debt Losses
Financial losses resulting from customers' inability to pay back money owed.
Doubtful Accounts
Accounts receivable that a company considers unlikely to be collected and therefore may be written off as a bad debt expense.
Adjusting Entry
Journal entries made at the end of an accounting period to update the accounts for accruals and deferrals not recorded during the period.
Allowance for Doubtful Accounts
A contra-asset account that represents the estimated portion of accounts receivable that may not be collectible.
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