Examlex
The ____ of an object can be measured in degrees.
Accounts Receivable
Pending payments to a company from its customers for merchandise or services that have already been given.
Allowance Method
An accounting technique used to estimate and account for bad debts expense, building an allowance for doubtful accounts.
Bad Debts Expense
The cost associated with accounts receivable that a company cannot collect and thus writes off as a loss.
Allowance for Doubtful Accounts
A valuation account used to estimate the portion of a company's accounts receivable that may not be collectible.
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