Sentence examples for doubtful receivables from inspiring English sources
There are investigations by the Justice Department, the Education Department, the Securities & Exchange Commission and the U.S. Postal Service focusing on the company's Title IV aid as well as its method of recognizing revenue and accounting for doubtful receivables.
We then studied the footnotes to see if companies were reaching to maintain earnings growth for example, by making assumptions on pension plan returns more optimistic or making reserves for doubtful receivables smaller.
It is noteworthy that among the reforms at KHCC were "Western-style" credit controls which decreased doubtful receivable accounts to 1.2%.
What's more, the company lowered the allowance for doubtful accounts by $2.4 million, despite receivables shooting up by $45 million.
On Sept. 30 the company had $45.5 million, or 30% of its gross receivables, reserved for doubtful accounts.
By lowering the allowance for doubtful accounts (as a percentage of receivables) in a worldwide tech slump, getting its tax rate down and changing pension return assumptions, IBM created $858 million, or 47 cents per diluted share, in aftertax profits.
To write off the account, the seller debits Allowance for Doubtful Accounts for $100 and credits Accounts Receivable for $100.
Raise its allowance for doubtful accounts between 1997 and 1998 by 6%, while its accounts receivable grew 36%.
Our receivables are unbelievable.
