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Choose the Answer Which Best Rewords the Italicized Portion

question 44

Multiple Choice

Choose the answer which best rewords the italicized portion. If you think the original wording is best, choose option A.
After World War II the nationalist movement led by Ho Chi Minh tried to take down the French government.


Definitions:

Bad Debt Percentage

Bad debt percentage is the proportion of receivables that a company expects not to collect, used in estimating the allowance for doubtful accounts.

Allowance

In accounting, an estimate for future adjustments to accounts receivable, reflecting debts that might not be collectible.

Allowances for Doubtful Accounts

Allowances for doubtful accounts is a contra asset account used to estimate the portion of a company's receivables that may ultimately not be collectible.

Bad Debt Expense

Bad debt expense represents the loss that a company incurs when it is unable to collect receivables from customers who are unable to pay their debts.

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