Examlex
Clinton was able to secure passage of the North American Free Trade Agreement (NAFTA) without assistance from Republicans in Congress.
Notes Receivable
Financial assets representing the right to receive payments from a debtor pursuant to a written promise or agreement.
Direct Write-off Method
An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed unrecoverable.
Balance Sheet
A list of the assets, liabilities, and owner’s equity as of a specific date, usually at the close of the last day of a month or a year.
Cash Realizable Value
The net amount of cash expected to be received from accounts receivable and other assets, taking into account any allowances for doubtful accounts.
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