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The concept of enfranchisement put forwards in 1869 for Indigenous people meant that
Bad Debt Expense
An estimate of loss due to customers' inability to make payments, recognized as an expense in accounting.
Allowance Method
An accounting technique used to estimate and account for doubtful accounts, providing an allowance for accounts receivable that may not be collectible.
Uncollectible Account
A receivable that a company has given up on collecting due to the debtor's inability to pay, also known as a bad debt.
Credit Balance
A situation in a financial account where the amount of money deposited exceeds the money withdrawn, or in accounting, when credits exceed debits in an account.
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