Examlex
Match the types of shock with the corresponding descriptions. Terms can be used more than once.
-Follows infection
Net Realizable Value
The estimated selling price in the ordinary course of business, minus any costs reasonably expected to be incurred in completion, transportation, and selling.
Gross Accounts Receivable
The total amount owed to a business by its customers before adjusting for any allowances for doubtful accounts.
Allowance for Doubtful Accounts
A contra-asset account that represents the amount of receivables a company does not expect to collect.
Allowance for Doubtful Accounts
A contra-asset account that represents the estimated portion of accounts receivable that may not be collected, used to anticipate and adjust for bad debts.
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