Examlex
Match each term with the correct phrase below.
-Test to measure kidney and ureter flow and pressure
Loss on Sale of Receivables
A financial loss incurred when the sale price of accounts receivable is less than their carrying amount on the balance sheet.
Allowance for Doubtful Accounts
A contra-asset account that reduces the total accounts receivable on the balance sheet, accounting for estimated uncollectible debts.
Interest Income
The revenue earned from deposit accounts or investments through the receipt of interest payments.
Fair Value Option
An accounting strategy that allows companies to measure and report certain financial assets and liabilities at their fair values.
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