What is an allowance for doubtful accounts?

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Also in Accounting

Are companies with high P/E (for example FSLR) safe?

MNSL answered:

Companies with higher P/E are safe only in bull market. Generally Growth masters expect higher P/E for their stocks. In a sideway market and bear market growth companies with higher P/E will under pe...

What is an allowance for doubtful accounts?

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