close
    what is allowance in accounting

    0  Views: 712 Answers: 1 Posted: 12 years ago

    1 Answer

    Definition of 'Allowance For Doubtful Accounts'
    A contra-asset account that records the portion of a company's receivables, which it expects may not be collected. The allowance for doubtful accounts is only an estimate of the amount of accounts receivable which are expected to not be paid. The actual payment behavior of customers may differ substantially from the estimate.


    Read more: http://www.investopedia.com/terms/a/allowancefordoubtfulaccounts.asp#ixzz2NGZduLSh



    Related Questions In This Category
    Post Tensioning wedges and barrels
    Answers: 1 | Views: 14 | Rating: 0 | Posted: 2 hours ago
    Last answer: 2 hours ago

    Top contributors in Other - Business & Finance category

     
    ROMOS
    Answers: 101 / Questions: 0
    Karma: 5025
     
    country bumpkin
    Answers: 62 / Questions: 1
    Karma: 3795
     
    Colleen
    Answers: 190 / Questions: 0
    Karma: 3405
     
    Benthere
    Answers: 4 / Questions: 0
    Karma: 3300
    > Top contributors chart

    Unanswered Questions

    Ken Gallon & Associates
    Answers: 0 Views: 1 Rating: 0
    qh88betapp1
    Answers: 0 Views: 9 Rating: 0
    8kbet
    Answers: 0 Views: 11 Rating: 0
    mbshopvn
    Answers: 0 Views: 9 Rating: 0
    365ggus
    Answers: 0 Views: 7 Rating: 0
    Post Tensioning wedges and barrels,
    Answers: 0 Views: 7 Rating: 0
    Post Tensioning wedges and barrels, pre
    Answers: 0 Views: 7 Rating: 0
    > More questions...
    488094
    questions
    724831
    answers
    819894
    users