Examlex
Under proper circumstances, a disclaimer by an heir may increase the charitable deduction allowed a decedent.
Direct Write Off Method
A method of accounting for bad debts that involves charging unpaid invoices directly to expense when they are determined to be uncollectible.
Bad Debts Expense
An expense account to record accounts receivable that a company does not expect to collect.
Allowance for Doubtful Accounts
A contra-asset account designed to predict the value of receivables that are expected to be uncollectible.
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