uncollectible accounts In A Sentence
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- The retailer increased its provision for uncollectible accounts 19 percent to $ 269 million, though, citing an increase in personal bankruptcies and delinquencies.
- Just three months before its charge against earnings for uncollectible accounts, its proportion of reserves against such problems actually fell.
- Analysts John Hughes and Saul Yaari said they expect earnings to be hurt by increased delinquencies from new and existing customers, which will mean a higher provision for uncollectible accounts.
- This charge represents the establishment of an allowance for uncollectible accounts.
- Analysts said the increase was impressive, given a rise in uncollectible accounts, delinquencies and personal bankruptcies.
- To set up an allowance system for uncollectible accounts.
- The term 'net sales ' shall mean gross sales less quantity iscounts and returns, but no deduction shall be made for cash or other iscounts or uncollectible accounts.
- The company put $ 272 million into a reserve for uncollectible accounts, up from $ 172 million a year earlier.
- Analysts said the increase was impressive given a rise in uncollectible accounts, delinquencies and personal bankruptcies.
- A business with many accounts receivables will reasonably expect to have losses from uncollectible accounts.
- The employees who maintain accounts receivable or handle cash receipts should not have authority to issue credit memoranda or to authorize the write-off of receivables as uncollectible.
- Our financial statements over the years have reflected the fact that these accounts had become uncollectible.
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