Examlex
Which of the following is not a weakness of electronic training?
Net Credit Sales
The net income generated from credit sales after subtracting any returns or allowances.
Aging Analysis
A method used to estimate the collectability of accounts receivable by categorizing receivables by their age (time outstanding).
Uncollectible Accounts Expense
An expense account reflecting the cost of accounts receivable that a company does not expect to collect.
Allowance for Doubtful Accounts
A contra asset account that reduces the total amount of accounts receivable on the balance sheet to reflect the likelihood of some accounts being uncollectible.
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