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Allowance for Doubtful Accounts

A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...

BDR

It stands for bad debt reserve; a contra asset that represents management's estimate of the amount of accounts receivable (A/Rs)...

Bad Debt Reserve

A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...

CCA

It stands for current cost accounting; an accounting method (valuation method) that uses current cost as a measure of value....

Current Cost Accounting

An accounting method (valuation method) that uses current cost as a measure of value. It is designed to realistically enhance...

RCS

It stands for realizable cost savings (or realized cost savings); the amount by which the current cost of the assets...

Realizable Cost Savings

The amount by which the current cost of the assets held by an entity in the current period increases. This...

COP

It stands for current operating profit; the operating profit that constitutes the excess of the current value of an entity's...

Current Operating Profit

The operating profit that constitutes the excess of the current value of an entity's output (products and services provided) sold...

PnL Account

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...