Examlex
No single factor explains the dangerously accelerating growth of world population over the past few hundred years.
Uncollectible Accounts
Accounts receivable that a business does not expect to collect due to customers being unable or unwilling to pay.
Estimated
An approximation or informed guess of a value, amount, or size based on available data or trends but not derived from exact calculations.
Carrying Amount
The net value of an asset or liability recorded on the balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.
Allowance Account
An account used to adjust the carrying value of accounts receivable to the amount expected to be collected.
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