reserve for bad debts
Answers
Answered by
5
the amount of receivables that company does not expect to actually collect
Answered by
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.
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.
Similar questions
Physics,
7 months ago
English,
7 months ago
Psychology,
7 months ago
Physics,
1 year ago
Geography,
1 year ago