Examlex
Cancer that has spread to another organ is called
Uncollectible
Refers to debt or receivables that cannot be recovered or are very unlikely to be paid by debtors.
Percent of Sales Method
A financial analysis tool used to forecast future figures by assuming they will be a fixed percentage of sales volume.
Bad Debt Expense
Bad debt expense is an estimate of the uncollectible amounts for credit sales or loans extended, recognized as an expense in the income statement.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
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