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Research has found that when factors such as offense seriousness and prior criminal record are controlled, the influence of factors such as race, class, and sex disappears or is reduced to statistically insignificant levels.
Allowance for Doubtful Accounts
A contra-asset account that reduces the total receivables reported on the balance sheet by the amount expected not to be collected.
Past Due Time
Past Due Time refers to the period that has elapsed after the official due date of a payment or obligation, signaling a delay in payment.
Collectibility
The likelihood or ability of an entity to collect on its accounts receivable or outstanding debts.
Account
A record in financial accounting that tracks the financial transactions of a specific asset, liability, equity, revenue, or expense.
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