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
12 years ago. Rating: 2 | |
Top contributors in Other - Business & Finance category
Unanswered Questions
gg88shop
Answers: 0
Views: 8
Rating: 0
kjcagency
Answers: 0
Views: 7
Rating: 0
sv66decom
Answers: 0
Views: 7
Rating: 0
Keovip
Answers: 0
Views: 8
Rating: 0
fantastic4D
Answers: 0
Views: 9
Rating: 0
GO8 – Sân chơi cá cược hấp dẫn, nạp rút siêu nhanh
Answers: 0
Views: 6
Rating: 0
13winukcom
Answers: 0
Views: 9
Rating: 0
vn8s8sgames
> More questions...
Answers: 0
Views: 8
Rating: 0