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The Plurality of Worlds used a dialogue between an aristocratic lady and her lover to explain
Adjusting Entry
An accounting journal entry made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Allowance for Doubtful Accounts
A contra asset account that represents an estimate of the amount of accounts receivable that may not be collectible.
Uncollectible Accounts
Accounts receivable that a company has deemed unlikely to be collected and thus written off as a loss.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.
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