The loss to the business arising out of failure of a debtor in payment of his dues is_______
Answers
Answer:
ahhh unga aaya
Explanation:
vera Vela illaya unakku
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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