reserves

(redirected from Allowance for Doubtful Accounts)
Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Encyclopedia.
Related to Allowance for Doubtful Accounts: Bad Debt Expense

reserves

any stored food supplies which may be drawn on in times of food shortage.
References in periodicals archive ?
Due partly to the provision of allowance for doubtful accounts, operating income and ordinary income decrease 164 million yen and 175 million yen, respectively.
448(d)(5) by multiplying 95% by the portion of the year-end allowance for doubtful accounts on the taxpayer's applicable financial statement that is attributable to currentyear NAE-eligible accounts receivable.
The 2001 proposal would have required companies to extend the four-column analysis previously required for the allowance for doubtful accounts to many other similar accounts, including expected liabilities for--
A corporation may be accumulating excessive allowances if it takes several years to exhaust its allowance for doubtful accounts receivable balance.
The allowance for doubtful accounts and the related bad debt expense are understated by $220,000.
The allowance for doubtful accounts at quarter's end inched down 0.
Wassong notes that the company was able to post those earnings gains despite an increase in its allowance for doubtful accounts in the fourth quarter as a result of Kmart Corp.
For example, auditors and their clients may disagree on the proper valuation of inventory or accounts receivable, because both parties may make different judgments regarding inventory obsolescence or the allowance for doubtful accounts.
A final example of a very common deferred tax asset is a company's bad debt reserve or the allowance for doubtful accounts.
5 million its allowance for doubtful accounts to $3.
The loss due to impairment is equal to the excess of the carrying value of the investment over the present value of the loan's expected future cash flows and is recognized as bad debt expense along with the corresponding allowance for doubtful accounts and notes.