Accountancy, asked by nishant3263, 1 year ago

An uncollectible accounts receivable is said which revenue

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Answered by shaku12
0
Accounts receivable that cannot be collected are called uncollectible accounts. Some businesses refer to uncollectible accounts as bad debts.Crediting the estimated value of uncollectible accounts to a contra account is called the allowance method of recording losses from uncollectible accounts.
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