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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Larry Brew who wrote (29416)3/10/1999 10:31:00 AM
From: JDN  Read Replies (2) of 31646
 
Dear Larry: There is no DOUBTFUL REVENUES. "Allowance for Doubtful Accounts" is merely the newer title for Allowance for Bad Debts. What it is is an allowance to cover any POTENTIAL write downs or write offs thus ELIMINATING any doubtful (or potentially bad) accounts from the financial statements. JDN
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