Examlex
The _____________ is an interpretation of the Fourteenth Amendment by the U.S.Supreme Court that holds that evidence seized in violation of the U.S.Constitution cannot be used in court against a defendant.
Aging of Receivables
The process of categorizing accounts receivable by their due dates to estimate bad debt expenses.
Allowance Account
An account used to offset the total amount of accounts receivable due to the likelihood that some accounts will not be collected.
Bad Debts Expense
An expense account that represents the cost of credit sales that are considered to be uncollectible, reducing net income on the income statement.
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