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Distinguish between the primary key and a candidate key.
Bad Debt Expense
An expense recorded to account for receivables that are not expected to be collected, reflecting credit losses in the financial statements.
Accounts Receivable
Outstanding payments from customers for goods or services a company has already delivered.
Average Collection Period
The average number of days it takes for a business to receive payments from its customers for invoices issued, indicative of the effectiveness of a company's credit and collection policies.
Net Sales
The amount of sales generated by a company after deductions for returns, allowances for damaged or missing goods, and discounts.
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