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After accusing Iran of encouraging Iranians that are now living in Canada to infiltrate communities and disrupt opposition to the Iranian regime, after tiring of Iran's constant threats against Israel, and the worry that a Canadian Embassy in Iran was vulnerable to attacks, what did the Canadians do?
Accounts Receivable
Amounts owed to a company by customers for goods or services provided on credit.
Uncollectible Accounts
Accounts receivable that a company has deemed uncollectible from debtors, leading to their classification as bad debts.
Credit Policy
Guidelines a company utilizes to determine to whom to extend credit and under what terms, impacting its risk and customer relations.
Bad Debt Expense
An expense reported on the income statement, reflecting the cost of accounts receivable that a company does not expect to collect due to customer defaults.
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