Examlex
Justification reports should begin with the action needed to implement your recommendation.
Uncollectible Receivables
Amounts owed to a company that it does not expect to recover, often treated as a bad debt expense.
Allowance for Doubtful Accounts
A contra-asset account that reduces the total receivables on the balance sheet to reflect the amount expected to be uncollectable.
Allowance for Doubtful Accounts
An accounting method that reduces accounts receivable on a company's balance sheet by estimating the amount of receivables that will not be collected.
Uncollectible Receivables
Debts owed to a company that are considered unlikelihood to be collected.
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