Accountancy, asked by Chamandhakad9808, 8 months ago

definition of bad debts​

Answers

Answered by Anonymous
6

Answer:

Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible. Bad debt is a contingency that must be accounted for by all businesses who extend credit to customers, as there is always a risk that payment will not be received.

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Answered by s1278sujay4314
0

Answer:

the debts which Don't inspire people or audience is called bad debts

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