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Describe how the presence of bystanders affects helping.
Bad Debt Expense
The cost associated with accounts receivable that a company is not able to collect from its debtors, recognized as an expense on the income statement.
Net Realizable Value
The estimated selling price of goods, minus the estimated costs of completion and the costs necessary to make the sale, often used in inventory valuation and accounts receivable.
Notes Receivable
Financial claims against debtors documented through promissory notes that promise to pay the amount due with interest.
Bad Debt Expense
An expense account reflecting the cost of accounts receivable that a company does not expect to collect.
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