The Opposite Process of Freezing Is

question 6

Multiple Choice

The opposite process of freezing is:

• A)evaporation.
• B)sublimation.
• C)boiling.
• D)condensation.
• E)none of the above

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Definitions:

Uncollectible Receivables

Refers to money owed to a company by its debtors that is unlikely to be paid and is considered a loss.

Allowance Method

A technique in accounting used to estimate and anticipate bad debts (uncollectible accounts receivable) and adjust the books accordingly.

Allowance for Doubtful Accounts

A contra-asset account on a company's balance sheet that represents the estimated portion of accounts receivable that may not be collectible.

Allowance Method

An accounting technique that estimates and sets aside a portion of accounts receivable deemed uncollectible as an allowance for doubtful accounts.