Examlex
The definition of leadership includes all of the following EXCEPT
Allowance for Doubtful Accounts
A contra-asset account that reduces the total receivables balance to reflect the amount that is expected to be uncollectible.
Allowance for Doubtful Accounts
The allowance for doubtful accounts is an accounting technique to estimate the amount of receivables that are expected not to be collected, acting as a contra account to accounts receivable.
Bad Debt Expense
An expense reported on the income statement, representing the estimated amount of credit sales that are not expected to be collected due to customer default.
Uncollectible Receivables
Refers to money owed to a company that it is unable to collect from its debtors, often considered as a bad debt expense.
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