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The ribs that are attached posteriorly to the thoracic vertebrae but are not attached anteriorly are known as
Uncollectible Accounts
Accounts receivable that are considered unlikely to be collected and are written off as a bad debt expense.
Credit Sales
Sales where the customer is allowed to pay for the product or service at a later date, extending credit.
Bad Debt Expense
The estimated amount of accounts receivable that is not expected to be collected.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of accounts receivable that may not be collectible, reflecting potential losses due to credit sales.
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