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Rather than using specific objectives to guide planning,constructivist teachers have overall goals to guide learning.
Aging Method
A technique used in accounting to estimate uncollectible accounts receivable by categorizing them based on the length of time they have been outstanding.
Allowance for Doubtful Accounts
A contra-asset account used to reduce the total receivables reported to reflect only the amounts expected to be collected.
Bad Debts Expense
Bad debts expense represents the loss that a company anticipates or realizes from customers who are unable to pay their outstanding balances.
Uncollectible Accounts
Refers to receivables that a business has determined are unlikely to be collected due to customer default.
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