Question

What is bad debt for business?
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Answer 1

Explanation:

Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible. Bad debt is a contingency that must be accounted for by all businesses who extend credit to customers, as there is always a risk that payment will not be received.

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Answer 2

Answer:

Hii friend here is your Answer.....

Explanation:

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