Examlex
The statement "a child is more closely related to its mother than to its father" is
Bad Debts Expense
An estimated expense that represents the cost of accounts receivable that a company does not expect to collect.
Allowance for Doubtful Accounts
An estimation of the accounts receivable that a company does not expect to collect.
Percentage of Receivables
An accounting method used to estimate the value of a company's bad debts based on a percentage of the accounts receivable.
Normal Balance
The usual balance side (debit or credit) of an account in double-entry bookkeeping, determined by the type of account (asset, liability, equity, revenue, or expense).
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