Examlex
____ are small programs stored on the hard drive that tell the computer how to communicate with a specific hardware device such as a printer,network card,or modem.
Direct Write-off Method
A method of accounting for bad debts where uncollectible accounts are directly written off against income at the time they are deemed non-collectable.
Uncollectible Account
A receivable that a company has not been able to collect from a debtor, leading to its recognition as a bad debt expense on the income statement.
Adjusting Entry
At the conclusion of an accounting cycle, journal entries are documented to distribute earnings and expenditures to the period in which they were genuinely incurred.
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