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How does the abbey and church of Notre-Dame at Fontenay reflect Cistercian architecture?
Bad Debt Expense
The estimated amount of credit sales that are not expected to be collected, representing potential loss to the company.
Allowance Method
An accounting technique used to account for bad debts, where estimated uncollectible accounts are expensed, adjusting the accounts receivable balance.
Accounts Receivable
Outstanding payments due to a company from its customers for delivered or utilized goods and services.
Bad Debt Expense
An estimate of loss due to customers' inability to make payments, recognized as an expense in accounting.
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