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If the estimate of bad debt expense is made on the basis of net realizable value of the accounts receivable, the balance of the account, "Allowance for Doubtful Accounts," is adjusted so that the adjusted balance reflects the computed amount needed to value the receivables.
Subcontrary Propositions
In traditional logic, propositions that cannot both be false but can both be true.
Existential Import
The assumption within a statement that asserts the existence of the subject matter it mentions.
Affirmative Subalternate
A proposition that is universally affirmative, implying a particular affirmative proposition as well.
Subcontraries
In the traditional square of opposition, a pair of propositions that, in virtue of their logical form, could both be true but could not both be false (I and O).
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