Accountancy, asked by happyrai2003, 7 months ago

What is bad debits for business

Answers

Answered by ItzMøøNBøY

40

ʙᴀᴅ ᴅᴇʙᴛ ɪs ᴀɴ ᴇxᴘᴇɴsᴇ ᴛʜᴀᴛ ᴀ ʙᴜsɪɴᴇss ɪɴᴄᴜʀs ᴏɴᴄᴇ ᴛʜᴇ ʀᴇᴘᴀʏᴍᴇɴᴛ ᴏғ ᴄʀᴇᴅɪᴛ ᴘʀᴇᴠɪᴏᴜsʟʏ ᴇxᴛᴇɴᴅᴇᴅ ᴛᴏ ᴀ ᴄᴜsᴛᴏᴍᴇʀ ɪs ᴇsᴛɪᴍᴀᴛᴇᴅ ᴛᴏ ʙᴇ ᴜɴᴄᴏʟʟᴇᴄᴛɪʙʟᴇ. ʙᴀᴅ ᴅᴇʙᴛ ɪs ᴀ ᴄᴏɴᴛɪɴɢᴇɴᴄʏ ᴛʜᴀᴛ ᴍᴜsᴛ ʙᴇ ᴀᴄᴄᴏᴜɴᴛᴇᴅ ғᴏʀ ʙʏ ᴀʟʟ ʙᴜsɪɴᴇssᴇs ᴡʜᴏ ᴇxᴛᴇɴᴅ ᴄʀᴇᴅɪᴛ ᴛᴏ ᴄᴜsᴛᴏᴍᴇʀs, ᴀs ᴛʜᴇʀᴇ ɪs ᴀʟᴡᴀʏs ᴀ ʀɪsᴋ ᴛʜᴀᴛ ᴘᴀʏᴍᴇɴᴛ ᴡɪʟʟ ɴᴏᴛ ʙᴇ ʀᴇᴄᴇɪᴠᴇᴅ

$\huge\underline{\overline{\mid{\bold{\red{ɪᴛᴢᴍøøɴʙøʏ-}}\mid}}}$

Answered by IᴛᴢBʟᴜsʜʏQᴜᴇᴇɴ

15

Answer:

ʙᴀᴅ ᴅᴇʙᴛ ɪs ᴀɴ ᴇxᴘᴇɴsᴇ ᴛʜᴀᴛ ᴀ ʙᴜsɪɴᴇss ɪɴᴄᴜʀs ᴏɴᴄᴇ ᴛʜᴇ ʀᴇᴘᴀʏᴍᴇɴᴛ ᴏғ ᴄʀᴇᴅɪᴛ ᴘʀᴇᴠɪᴏᴜsʟʏ ᴇxᴛᴇɴᴅᴇᴅ ᴛᴏ ᴀ ᴄᴜsᴛᴏᴍᴇʀ ɪs ᴇsᴛɪᴍᴀᴛᴇᴅ ᴛᴏ ʙᴇ ᴜɴᴄᴏʟʟᴇᴄᴛɪʙʟᴇ. ʙᴀᴅ ᴅᴇʙᴛ ɪs ᴀ ᴄᴏɴᴛɪɴɢᴇɴᴄʏ ᴛʜᴀᴛ ᴍᴜsᴛ ʙᴇ ᴀᴄᴄᴏᴜɴᴛᴇᴅ ғᴏʀ ʙʏ ᴀʟʟ ʙᴜsɪɴᴇssᴇs ᴡʜᴏ ᴇxᴛᴇɴᴅ ᴄʀᴇᴅɪᴛ ᴛᴏ ᴄᴜsᴛᴏᴍᴇʀs, ᴀs ᴛʜᴇʀᴇ ɪs ᴀʟᴡᴀʏs ᴀ ʀɪsᴋ ᴛʜᴀᴛ ᴘᴀʏᴍᴇɴᴛ ᴡɪʟʟ ɴᴏᴛ ʙᴇ ʀᴇᴄᴇɪᴠᴇᴅ

Explanation:

Pʟs ᴍᴀʀᴋ ᴀs ʙʀᴀɪɴʟɪᴀsᴛ ᴀɴᴅ ғᴏʟʟᴏᴡ ᴍᴇ✌️

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