CBSE BOARD XII, asked by rishabchandrago1513, 9 months ago

Recovery of bad debts increase

Answers

Answered by ajeet7890singh

0

Explanation:

Bad debt recovery is a payment received for a debt that was written off and considered uncollectible. The receivable may come in the form of a loan, credit line, or any other accounts receivable. Because it generally generates a loss when it is written off, bad debt recovery usually produces income.

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