Examlex
One mole of a substance contains 6.02 × 1023 protons and an equal number of electrons. If the protons could somehow be separated from the electrons and placed in very small, individual containers separated by a million meters, what would be the magnitude of the electrostatic force exerted by one box on the other?
Aging of Accounts Receivable Method
An accounting technique used to estimate the amount of receivables that are unlikely to be collected, based on the length of time they have been outstanding.
Percentage of Sales Method
A forecasting technique used to predict various financial figures, such as expenses or inventory levels, as a fixed percentage of sales.
Allowance for Doubtful Accounts
A contra asset account representing the amount of accounts receivable a company does not expect to collect.
Equity
Equity represents the value that would be returned to a company’s shareholders if all the assets were liquidated and all the debts repaid.
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