Examlex
Our habitual behavior tends to be consistent with our values,but our everyday conscious decisions and actions apply our values much less consistently.
Allowance for Doubtful Accounts
An estimation of the amount of credit sales that may not be collected, which is considered a contra asset account.
Bad Debt Expense
The cost associated with accounts receivable that a company is unable to collect.
Uncollectible Accounts
Debts owed to a company that are considered to be uncollectible and are thus written off as a bad debt expense.
Allowance Method
An accounting technique used to estimate uncollectable accounts receivable within a company's financial statements.
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