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allowance for doubtful accounts |
Also found in: Acronyms | 0.01 sec. |
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| ? Mentioned in | ? References in periodicals archive | |
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5 million its allowance for doubtful accounts to
$3. Net income for the fourth quarter of 2006 includes a $107,000 gain
resulting from the reversal of the allowance for doubtful accounts, and
a $101,000 expense for stock compensation related to the exercising of
stock options and the adoption of a new accounting standard, FAS-123R. 0 million increase to the
allowance for doubtful accounts, the Company changed its methodology for
estimating its allowance for doubtful accounts effective September 30,
2006, as follows: The Company will reserve a percentage, of all self-pay
accounts receivable without regard to aging category, based on
collection history adjusted for expected recoveries and, if present,
other changes in trends. |
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