Question

Define bad debt or professional for bad debt

Answer 1

Bad debt means when a person take loan from the enterpriniur....and then he could not pay money on the due date...... Due to some sudden losses of his business..... That's called bad debt....... I hope it will help u to understand about ur question.

Answer 2

ANSWER 

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WHEN A PERSON TAKE LOAN FROM THE ENTERPRISER. .AND THEN HE COULD NOT PAY MONEY ON THE DUE DATE.. DUE TO SOME SUDDEN LOSSES OF HIS BUSINESS..... THIS IS CALLED  BAD DEBT