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Alli segments its diet pills based on those who have morning cravings, those who tend to overeat near the end of the day, those who need all day long appetite suppression, and those who want appetite control and more energy. This is an example of market segmentation based on variables of
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to update the balances of certain accounts and reflect the true financial position of a business.
Net Realizable Value
Net realizable value is the estimated selling price of goods, minus the cost of their sale or disposal.
Bad Debt Expense
An expense recorded when receivables are determined to be uncollectible, impacting the income statement.
Allowance Method
An accounting technique that estimates and sets aside a portion of accounts receivable deemed likely uncollectible.
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