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The scientist who first established the relative masses of different elements was
Aging
A method used in accounting to categorize and assess the financial health of receivables or inventory based on the period they have been outstanding or in stock, respectively, to identify potential losses or risks.
Accounts Receivable
Liabilities of customers to a business entity for services or products provided but still awaiting payment.
Bad Debts Expense
An estimated expense that represents accounts receivable that a company does not expect to collect.
Normal Balance
Normal balance refers to the side of the accounting equation on which increases to an account are recorded, which is debits for asset and expense accounts, and credits for liability, equity, and revenue accounts.
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