Accounting Chapter 7

Accounts receivable that cannot be collected

Canceling the balance of a customer account because the customer does not pay

recording uncollectible accounts expense only when an amount is actually known to be uncollectible

crediting the estimated value of uncollectible accounts to a contra account

analyzing accounts receivable according to when they are due

the difference between the balance of accounts receivable and its contra account, allowance for uncollectible accounts

the number of times the average amount of accounts receivable is collected during a specific period