Examlex
What provides a grid of columns and rows in which you can summarize data in an understandable way?
Bad Debts Expense
An expense reported on the income statement reflecting the cost of accounts receivable that a company does not expect to collect.
Factoring Fee Expense
A cost incurred by a business when it sells its accounts receivable to a third party (the factor) at a discount.
Accounts Receivable
Funds that clients or customers owe to a company for products or services that have been provided but not yet compensated for.
Necessary Cash
The minimum amount of cash required by a company to carry out its day-to-day operations.
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