Examlex
Match each hemostasis step with the correct characteristic.
a.Converts fibrinogen to fibrin
b.When platelets come into contact with this substance in an injured vessel wall, it causes them to adhere and aggregate
c.When activated, this substance digests the fibrin threads, causing dissolution of the clot
d.Substance released by the platelet plug that causes more platelets to aggregate
e.First step in hemostasis
f.Forms the meshwork of the clot
g.Plasma protein activated by factor X
h.Second step in hemostasis
i.Released from injured tissues; activates extrinsic clotting pathway
j.Third step in hemostasis
-Thromboplastin
Allowance Method
A method of accounting for bad debts that involves estimating uncollectible accounts at the end of each period.
Uncollectible Accounts
Accounts receivable that a company does not expect to collect due to the debtor's inability to pay, considered a bad debt expense.
Year-End Adjustment
A financial correction or modification made at the end of a fiscal year to various accounts to properly state them for reporting purposes.
Bad Debts Expense
The portion of receivables that a company anticipates will not be collected and is thus written off as an expense in the financial statements.
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