Examlex
All of the following characterize AAEV except:
Uncollectible Receivables
Accounts receivable that a company does not expect to collect and writes off as a bad debt expense.
Allowance for Doubtful Accounts
An estimation of the amount of credit sales that may not be collected, which is considered a contra asset account.
Bad Debt Expense
The cost associated with accounts receivable that a company is unable to collect.
Uncollectible Accounts
Debts owed to a company that are considered to be uncollectible and are thus written off as a bad debt expense.
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