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Describe the common effects of LSD.
Fiscal Year
The annual accounting period adopted by a business.
Other Receivable
Financial claims against other parties excluding customers, typically representing short-term non-trade receivables such as refunds, deposits, or advances.
Notes Receivable
Financial assets representing the right to receive payments from a debtor pursuant to a written promise or agreement.
Direct Write-off Method
An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed unrecoverable.
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