It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...
It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...
A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...
A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...
It stands for bad debt reserve; a contra asset that represents management's estimate of the amount of accounts receivable (A/Rs)...
A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...
An accounting allowance that reduces the gross cost of an asset to arrive at the net cost (the net balance...
A contra account that is deducted from an asset account to arrive at the asset's net book value. An example...