18 TermsHome > Terms > English, UK (UE) > Allowance for doubtful accounts
Allowance for doubtful accounts
An offset, or contra account, to accounts receivable to reflect the estimated collection losses on outstanding accounts receivable The allowance reduces revenue Such an allowance is generally not allowed for tax purposes Also known as an allowance for bad debts and allowance for uncollectible accounts
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Accounting
- Category: Tax
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Argentine mastiff
Also know as Argentine dogo, the Argentine mastiff is a large, white, powerful dog with a massive skull and strong jaws. The species was originally ...
Contributor
Featured blossaries
Browers Terms By Category
- Dictionaries(81869)
- Encyclopedias(14625)
- Slang(5701)
- Idioms(2187)
- General language(831)
- Linguistics(739)
Language(108024) Terms
- General art history(577)
- Visual arts(575)
- Renaissance(22)
Art history(1174) Terms
- Contracts(640)
- Home improvement(270)
- Mortgage(171)
- Residential(37)
- Corporate(35)
- Commercial(31)
Real estate(1184) Terms
- Automobile(10466)
- Motorcycles(899)
- Automotive paint(373)
- Tires(268)
- Vehicle equipment(180)
- Auto parts(166)