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A ball thrown upwards reaches a maximum height and then comes back down to the original level.
As the ball is going downwards the velocity and acceleration both point down.
Bad Debt Expense
An estimated expense that represents accounts receivable that a company does not expect to collect due to customer defaults.
Net Credit Sales
The total amount of sales made on credit minus returns and allowances, representing actual sales revenue.
Matching Concept
An accounting principle that dictates expenses should be matched with the revenues they help to generate within the same accounting period.
Clearinghouse Collection Fee
A charge levied by a clearinghouse for handling the processing and settlement of transactions between financial institutions.
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