Allowance for doubtful accounts is a common contra asset listed on a company's balance sheet under accounts receivable. When a company sells its products or services to customers on credit, the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In finance and investments, account activity refers to the transactions made in a particular brokerage or bank account. These include cash withdrawals, bill payments, wire transfers, and other such ...