Accountancy, asked by armygirl0001, 1 month ago

The loss to the business arising out of failure of a debtor in payment of his dues is_______​

Answers

Answered by jvpunith
2

Answer:

ahhh unga aaya

Explanation:

vera Vela illaya unakku

Answered by abdulraziq1534
0

Concept Introduction:-

A sentence which has a subject, verb, object, and modifiers.

Explanation:-

We have been given fill in the blanks

We need to find with suitable answer

The loss to the business arising out of failure of a debtor in payment of his dues is Bad debt. Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible and is thus recorded as a charge off. Bad debt is a contingency that must be accounted for by all businesses that extend credit to customers, as there is always a risk that payment won't be collected.

Final Answer:-

The correct answer is the loss to the business arising out of failure of a debtor in payment of his dues is Bad debt.

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