Question

explain short -Irrecoverable amount.​

Answer 1

Answer:-

Amounts owed to a business that it believes will never be paid.If a business makes sales on a credit basis then it sells good or services to customers, agreeing that payment will be delayed for a period of time.

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Answer 2

Amounts owed to a business that it believes will never be paid. If a business makes sales on a credit basis then it sells goods or services to customers, agreeing that payment will be delayed for a period of time, usually 30 days