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What is an Employee Receivable and what is allowance for doubtful employee receivables?

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What is an Employee Receivable and what is allowance for doubtful employee receivables?

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Employee Receivable is a line item that describes moneys that are owed the Foundation from employees. Allowance for Doubtful Employee Receivables, in this case, is a means of accounting for another line item which will not be collected. In other words, for the purposes of this statement we will not expect to receive the revenues from the employee receivable line.

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