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Due to problems at birth,two-year-old Tenisha has developmental delays.Unlike her twin brother Joshua,who enters any situation ready to see what he can discover,Tenisha tends to sit quietly,only responding to familiar voices or loud sounds.What does Tenisha's behavior demonstrate?
Allowance for Doubtful Accounts
A contra-asset account that estimates the portion of accounts receivable which may never be collected.
Collections
The process of pursuing payments of debts owed by individuals or businesses, typically involving accounts receivable teams or collection agencies.
Selling Goods on Account
The process of selling merchandise to a buyer where payment is to be made at a future date as agreed.
Market Share
The percentage of an industry's total sales that is earned by a particular company over a specified time period.
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