Examlex
Which of the following terms related to electricity defines electrical potential (electrical charge) ?
Maturity
This term refers to the date on which a financial obligation (such as a bond or loan) must be repaid in full.
Aging Of Receivables
A method used in accounting to estimate the amount of receivables that may not be collectible by categorizing them according to the length of time they have been outstanding.
Uncollectible
Refers to accounts receivable that are considered to be uncollectible and thus written off as a loss.
Adjusting Entry
A journal entry made prior to preparing financial statements to adjust the balances of accounts to accurately reflect the financial activity.
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