Examlex
In a job order costing system,when indirect materials are used,the Overhead account is increased.
Maturity
The date on which a financial obligation, such as a bond or loan, is due to be paid in full.
Analysis of Receivables
The examination of accounts receivable to determine the likelihood of collection and to identify any potential issues or risks.
Uncollectible Receivables
Money owed to a company by customers that is considered unlikely to be paid and often written off as bad debts.
Allowance for Doubtful Accounts
An estimation of the amount of accounts receivable which may not be collectible, creating a reserve for potential bad debts.
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