Examlex
The Web runs in which layer of Internet architecture?
Write-off
The accounting action of declaring that an asset or receivable value is reduced or eliminated, often due to uncollectibility or obsolescence.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the amount of receivables that may not be collectible.
Accounts Receivable
The total amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Direct Write-off Method
The Direct Write-off Method is an accounting approach where uncollectible debts are charged directly to expense as they are identified, without creating an allowance for doubtful accounts.
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