Examlex
The prosecution of antitrust cases has been highly selective.
Aging Report
A report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding, typically used to identify issues with accounts receivable collection.
Direct Write-off Method
An accounting practice where uncollectible accounts receivable are written off directly against income at the time they are deemed irrecoverable.
Accounting Equation
Assets = Liabilities + Owner’s Equity.
Factoring
A financial transaction in which a business sells its accounts receivable to a third party at a discount to gain immediate cash.
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