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Examples of _____ include better street lighting,camera surveillance,and the reconfiguring of physical space to establish clearer sight lines.
Bad Debts
Accounts receivable that a company does not expect to collect and therefore writes off as a loss.
Allowance for Doubtful Accounts
A contra-asset account that estimates the portion of accounts receivable which may never be collected.
Collections
The process of pursuing payments of debts owed by individuals or businesses, typically involving accounts receivable teams or collection agencies.
Selling Goods on Account
The process of selling merchandise to a buyer where payment is to be made at a future date as agreed.
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