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Gross Accounts Receivable Approach
A method that estimates the total amount to be received from customers, without deducting expected bad debts.
Unadjusted Year End
The fiscal year-end date prior to any adjustments made for accounting purposes.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting system's mathematical accuracy.
Allowance for Uncollectibles
An estimation of the accounts receivable that a company does not expect to collect, used to adjust financial statements.
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