Home > Dictionary

Allowance For Doubtful Accounts

What Does It Mean?
What Does Allowance For Doubtful Accounts Mean?
An estimation made by a company and documented on its balance sheet for receivables that might go uncollected.
Investopedia Says
Investopedia explains Allowance For Doubtful Accounts
It is standard practice for a company to have funds set aside for money that cannot be collected.
Related Links
Rate this Term: Your Rating:    Overall Rating: Vote Now!
Sponsored Links
MARKETPLACE
The Investopedia Guide to Wall Speak
TRADING CENTER
CURRENT HIGH YIELD SAVINGS RATES
Type
Overnight avgs
Rate data provided by
Bankrate.com
add investopedia foot
www.investopedia.com