Examlex
Personalizing marketing is based on the fact that all customers are identical in several ways.
Uncollectible Receivables
Debts owed to a company that are considered uncollectible and are written off as a loss.
Bad Debt Expense
An expense account representing the estimated uncollectible accounts receivable.
Direct Write-off Method
An accounting method where bad debts are expensed only when specific accounts are deemed uncollectible and written off.
Uncollectible Accounts Expense
Uncollectible accounts expense is the cost associated with receivables that a company does not expect to collect, impacting the net income and accurate representation of receivables.
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