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Explain the function of the S-curve path followed by the hand in most swimming strokes.
Allowance Method
An accounting technique used to account for potential uncollectible receivables by estimating and recording bad debts expense ahead of specific account identifications.
Uncollectible Receivables
Receivables from sales or loans that are not expected to be collected, often written off as bad debts.
Estimate
An approximation or educated guess used to project future financial outcomes or the potential costs of projects.
Direct Write-off
The direct write-off method is an accounting practice where uncollectible debts are written off as an expense only when they are deemed unrecoverable.
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