BAD DEBT EXPENSE Definition

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BAD DEBT EXPENSE see UNCOLLECTIBLE ACCOUNT EXPENSE.

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MANUAL TAG SYSTEM is an inventory tracking system used in inventory management that tracks inventory using tags removed at the point of purchase.

SYNTHETIC LEASE is a transaction that appears, from an accounting standpoint, as a lease, but as a loan from a tax standpoint; resulting in an off-balance sheet account of the financing and the tax benefits that accompany the financed asset.

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