Examlex
Identify the following terms.
-Ibn Rushd/Averroës and Ibn Sina/Avicenna
Allowance Method
An accounting technique that estimates and sets aside a portion of accounts receivable which may not be collectible.
Specific Receivable
A receivable account that is clearly identified and attributed to a specific source, such as an individual customer or entity.
Net Income
The total earnings of a company after all expenses and taxes have been subtracted from revenue.
Maturity Date
The predetermined date on which a financial instrument, such as a loan or bond, is due to be repaid in full.