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
| 13 years ago. Rating: 2 | |
Top contributors in Other - Business & Finance category
Unanswered Questions
MANCLUB
Answers: 0
Views: 0
Rating: 0
TAYOPH
Answers: 0
Views: 9
Rating: 0
JOLIBET
Answers: 0
Views: 9
Rating: 0
FC88Online
Answers: 0
Views: 10
Rating: 0
hitclub1jjpnet
Answers: 0
Views: 12
Rating: 0
TAYOPH Philippines – Modern Online Gaming and Digital Entertainment Platform
Answers: 0
Views: 10
Rating: 0
Tieulam TV
Answers: 0
Views: 9
Rating: 0
"Frage: Warum sollte man einen professionellen Fachbetrieb für das Herd anschließen Düsseldorf beauftragen, anstatt es selbst zu versuchen?
> More questions...
Answers: 0
Views: 11
Rating: 0
vicky waqas
ROMOS