Examlex
A pulse moves in a string toward a free end (a ring on a post) as indicated in the sketch. On reflection, the pulse would most nearly be represented by
Allowance for Doubtful Accounts
An accounting entry known as a contra-asset account that predicts the amount of accounts receivable that might be uncollectible.
Realizable Value
The estimated amount for which an asset can be sold, minus any selling costs, at a given point in time.
Materiality Constraint
An accounting principle that allows for the ignoring of accounting information that would not impact users’ decision-making due to its insignificance.
Factoring Accounts Receivable
The financial practice of selling accounts receivable to a third party at a discount to obtain immediate cash.
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