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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...

  3. Accounts receivable - Wikipedia

    en.wikipedia.org/wiki/Accounts_receivable

    The second method is the direct write-off method. It is simpler than the allowance method in that it allows for one simple entry to reduce accounts receivable to its net realizable value. The entry would consist of debiting a bad debt expense account and crediting the respective accounts receivable in the sales ledger.

  4. Bad debt - Wikipedia

    en.wikipedia.org/wiki/Bad_debt

    In finance, bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for various reasons, often due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency.

  5. Allowance - Wikipedia

    en.wikipedia.org/wiki/Allowance

    Allowance may refer to: Allowance (engineering), a planned deviation between two dimensions; Allowance (money), an amount of money given at regular intervals for a specific purpose; Allowance for bad debts in accounting; Carbon emission trading as an economic tool in climate change mitigation Emissions trading for pollutants in general

  6. Allowance (engineering) - Wikipedia

    en.wikipedia.org/wiki/Allowance_(engineering)

    an allowance is a planned deviation from the nominal or theoretical dimension. In other words, it is an intended difference between the maximum material conditions of mating parts. [ 1 ]

  7. Budgeting in 2025 – everything you need to know to help you save

    www.aol.com/news/budgeting-2025-everything-know...

    Choose whatever method of notetaking works best for you. That might be an app, perhaps a spreadsheet, maybe even just writing it down on paper. ... jobseeker’s allowance and other credit types ...

  8. Allowance (money) - Wikipedia

    en.wikipedia.org/wiki/Allowance_(money)

    An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. In the context of children, parents may provide an allowance (British English: pocket money) to their child for their miscellaneous personal spending. In the construction industry, an allowance may be an amount allocated to a specific item ...

  9. Allowance for Loan and Lease Losses - Wikipedia

    en.wikipedia.org/wiki/Allowance_for_Loan_and...

    The allowance is a topic of much regulatory scrutiny, and a review of the ALLL methodology is a significant portion of a financial institution's safety and soundness exam because it is important for federal bank examiners to ensure that an institution has a sufficient amount of capital in the allowance reserve.