Accountancy, asked by madhu86, 1 year ago

reserve for bad debts

Answers

Answered by pragnareddy
5
the amount of receivables that company does not expect to actually collect
Answered by priya438
5
reserve for bad debts also known as allowance for doubtful accounts .
it's a reduction in a company's account receivable .the bad debt is the amount of receivable that the does not expect to actually collect.
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