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What is probably the single most important influence on growth at all stages of development?
Allowance Account
An accounting reserve set up to account for future adjustments such as bad debts or product returns.
Direct Write-off Method
An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed non-collectable.
Allowance for Doubtful Accounts
An accounting provision representing the estimated portion of receivables that may not be collected.
Accounts Receivable
Represents money owed to a company by its customers for goods or services delivered but not yet paid for.
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