"All insolvents are bad debts but all bad debts are not insolvent." Justify the statement.
Answers
Answered by
1
Answer:
nor every bad debt is insolvent
Explanation:
some of the bad debts are solvent but they do not do the transaction or clear their cash to recover but they do the transaction which are unnecessary .. the person who is solvent and in the position to pay but also he is not recovering then he is mark as a bad debt
Similar questions