Examlex
Express each of the following numbers using scientific notation.
-Titanium dioxide in toothpaste is used as a detergent.
Credit
The trust which allows one party to provide resources to another party wherein the second party does not reimburse the first party immediately but promises either to repay or return those resources at a later date.
Goods Received
The receipt of goods ordered by a company, often documented with a goods received note (GRN) that verifies the delivery and details of the goods.
Bad Debt Expense
Money that is not recoverable from debtors and is considered a loss for the business because it is uncollectable.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's accounts receivable that may ultimately be uncollectible.
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